At SEMICON India 2024, Prime Minister Narendra Modi announced over ₹1.5 lakh crore in semiconductor investments, emphasizing the importance of supply chain resilience. He outlined an ambitious goal to see an Indian-made chip in every electronic device globally. Modi highlighted India's "Three-D Power" —reformist governance, a robust manufacturing base, and a tech-savvy market—as key drivers of its semiconductor ambitions. He positioned India as a reliable destination for semiconductor investments, assuring global stakeholders of the country's commitment to becoming a semiconductor powerhouse.