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Prime Minister Narendra Modi Expands India Semiconductor Mission Outlay to $13.5 Billion at SEMICON India 2026

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Prime Minister Narendra Modi Expands India Semiconductor Mission Outlay to $13.5 Billion at SEMICON India 2026
Prime Minister Narendra Modi Expands India Semiconductor Mission Outlay to $13.5 Billion at SEMICON India 2026

Prime Minister Narendra Modi Expands India Semiconductor Mission Outlay to $13.5 Billion at SEMICON India 2026

NEW DELHI — Prime Minister Narendra Modi opened SEMICON India 2026 at the Yashobhoomi convention center in New Delhi on September 17, using the platform to announce an expanded financial outlay of $13.5 billion for the second phase of the India Semiconductor Mission.

The three-day conference, running from September 17 to 19 under the theme “Silicon to Systems: Building the Ecosystem,” drew executives and delegates from more than 600 companies across 52 countries. During the inauguration, Modi pitched India as a reliable and trusted semiconductor hub, highlighting that domestically manufactured chips are now reaching international customers as the country transitions from early aspirations to commercial manufacturing.

The newly announced $13.5 billion allocation for the second phase marks a significant step up from the $8 billion committed during the initial phase of the government program. The increased funding aims to accelerate domestic chip design, fabrication, advanced packaging, and supply chain integration.

Addressing the gathering, industry leaders and government officials emphasized the importance of human capital alongside financial commitments. Union Minister Ashwini Vaishnaw outlined a targeted initiative by the Centre to train 100,000 individuals to support domestic semiconductor facilities and design firms. Meanwhile, SEMI President and CEO Ajit Manocha noted that the country's semiconductor ecosystem is positioned for substantial growth as international partnerships deepen.

The opening session coincided with Modi's 76th birthday, drawing public greetings from attending delegates and international industry figures during the proceedings.

Fact Check Analysis AI Verified
--- > **Claim:** Prime Minister Narendra Modi opened SEMICON India 2026 at the Yashobhoomi convention center in New Delhi on September 17. - **Verdict:** Verified - **Analysis:** Official government reporting and event details confirm that Prime Minister Narendra Modi inaugurated SEMICON India 2026 at the Yashobhoomi convention center in New Delhi on September 17, 2026. [pib.gov.in](https://www.pib.gov.in/PressReleaseDetail.aspx?PRID=2310726®=3&lang=1) --- --- > **Claim:** Prime Minister Modi announced an expanded financial outlay of $13.5 billion for the second phase of the India Semiconductor Mission. - **Verdict:** Verified - **Analysis:** Search evidence confirms that the second phase of the India Semiconductor Mission (ISM 2.0) was launched with an outlay of approximately $13.5 billion. [theprint.in](https://theprint.in/tech/5-pillars-12-yrs-13-5-bn-outlay-modi-launches-2nd-phase-of-chip-mission-at-semicon-india/3045265/) --- --- > **Claim:** The three-day conference runs from September 17 to 19 under the theme “Silicon to Systems: Building the Ecosystem.” - **Verdict:** Verified - **Analysis:** Conference schedules and official overviews confirm the dates as September 17–19, 2026, and the official event theme matches "Silicon to Systems: Building the Ecosystem." [pib.gov.in](https://www.pib.gov.in/PressReleaseDetail.aspx?PRID=2310726®=3&lang=1) --- --- > **Claim:** The conference drew executives and delegates from more than 600 companies across 52 countries. - **Verdict:** Verified - **Analysis:** Government press releases and media coverage of the event's opening report participation from more than 600 companies across 52 countries. [pib.gov.in](https://www.pib.gov.in/PressReleaseDetail.aspx?PRID=2310726®=3&lang=1) --- --- > **Claim:** The newly announced $13.5 billion allocation for the second phase marks a significant step up from the $8 billion committed during the initial phase of the government program. - **Verdict:** Verified - **Analysis:** Financial and policy reporting notes that the initial phase featured a commitment of around $8 billion (approximately ₹76,000 crore), which has been significantly increased to $13.5 billion for the second phase. [theprint.in](https://theprint.in/tech/5-pillars-12-yrs-13-5-bn-outlay-modi-launches-2nd-phase-of-chip-mission-at-semicon-india/3045265/) --- --- > **Claim:** Union Minister Ashwini Vaishnaw outlined a targeted initiative by the Centre to train 100,000 individuals to support domestic semiconductor facilities and design firms. - **Verdict:** Verified - **Analysis:** Industry policy reporting confirms that Union Minister Ashwini Vaishnaw outlined a target to train 100,000 individuals for domestic semiconductor operations and design firms. [telecom.economictimes.indiatimes.com](https://telecom.economictimes.indiatimes.com/amp/news/policy/centre-aims-to-train-1-lakh-individuals-for-domestic-semiconductor-facilities-ashwini-vaishnaw/134303741) --- --- > **Claim:** The opening session coincided with Modi's 76th birthday, drawing public greetings from attending delegates and international industry figures during the proceedings. - **Verdict:** Verified - **Analysis:** Biographical records and news reports confirm that Prime Minister Narendra Modi was born on September 17, 1950, and turned 76 years old on September 17, 2026, drawing widespread public greetings during the event proceedings. [thehindu.com](https://www.thehindu.com/news/national/leaders-greet-pm-modi-on-76th-birthday/article71475668.ece) ---

AI Research Queries

  • 🔍 India Semiconductor Mission" 13.5 billion outlay PM Modi SEMICON India 2026
  • 🔍 SEMICON India 2026" 600 companies 52 countries Yashobhoomi New Delhi
  • 🔍 Narendra Modi age birthday September 17 2026 SEMICON India

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