PM Narendra Modi flags global supply chain challenges, launches semiconductor plant in Sanand

PM Narendra Modi at the Kaynes Semicon’s facility in Gujarat. PIC/PTI

Prime Minister Narendra Modi on Tuesday said the 21st Century has brought several challenges and global supply chains have been affected due to conflicts, emphasising that the government is laying a strong foundation for technology and energy security in the coming decades.

Modi inaugurated Kaynes Semicon's outsourced semiconductor plant in Sanand, marking the commencement of production, and said India is strengthening its role as a reliable semiconductor supplier in the global market.

In a sense, a new bridge has emerged today between Sanand and Silicon Valley, he said. Addressing a gathering on the occasion, Modi said India is actively building a robust semiconductor ecosystem and simultaneously making significant efforts to establish a resilient supply chain for raw materials.

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