"Oil Was Black Gold, Chips Are Digital Diamonds": PM Modi On Semiconductors

Prime Minister Narendra Modi on Tuesday, while inauguration the 'Semicon India 2025' conference, said that oil was "black gold" but semiconductor chips are a "digital diamond". He also underlined India's growing role in the global chip market and said the country is set to play a key part in the trillion-dollar semiconductor sector.

"The last century was shaped by oil. Now it is based on a small chip. An investment of $18 billion is being made in 10 semiconductor projects approved since 2021. The world trusts India. The world believes in India. The world is ready to build the semiconductor future with India," PM Modi said.

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