Story perspectives

India launches semiconductor conference to attract chip investors

By Drooid · Sep 17, 2026, 4:04 PM UTC · How we work

Summary

Modi Launches Chip Conference

Modi inaugurated a three-day semiconductor conference in New Delhi to attract investors.
India pledged 1.9 trillion rupees (US$19.8 billion) in subsidies two months earlier to boost chip production.
The event hosts over 600 exhibitors, 150 speakers and 300 global companies across 15,000 sqm.
Tata Group is building a chip fabrication plant in Gujarat, expected operational in early 2028.
The government offers seed funding and equipment support to startups, new fabs and advanced-packaging firms.

Summary

Modi Meets Meloni

Prime Minister Narendra Modi shook hands with Prime Minister Giorgia Meloni in Rome on May 20, 2026.
Giorgia Meloni posted a selfie with Modi using the hashtag #Melodi.
Young social-media users edited photos of the duo, treating them as a celebrity pair.
Modi fed sugarcane to a domesticated elephant during a Kaziranga safari on March 9, 2024.
Modi was photographed praying at a temple, illustrating civilizational identity.

History

Historical Context

Facing a balance-of-payments crisis, Prime Minister P. V. Narasimha Rao appointed economist Manmohan Singh as finance minister and launched the 1991 liberalisation, devaluing the rupee in July and opening FDI, which lifted foreign investment from $132 million in 1991-92 to $5.3 billion by 1995-96. The reforms set the stage for companies like Tata Group, and in 2026 India will host a semiconductor summit to build on that legacy.

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Modi Launches Chip Conference

Modi inaugurated a three-day semiconductor conference in New Delhi to attract investors.
India pledged 1.9 trillion rupees (US$19.8 billion) in subsidies two months earlier to boost chip production.
The event hosts over 600 exhibitors, 150 speakers and 300 global companies across 15,000 sqm.
Tata Group is building a chip fabrication plant in Gujarat, expected operational in early 2028.
The government offers seed funding and equipment support to startups, new fabs and advanced-packaging firms.

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