New Delhi, Feb. 21 -- Prime Minister Narendra Modi on Saturday hailed India's rapid growth in the field of technology and highlighted that 'Made in India' semiconductor chips will boost India's global leadership.

The Prime Minister performed the groundbreaking ceremony for the HCL-Foxconn Joint Venture project, India Chip Pvt Ltd, in Uttar Pradesh, via video conferencing.

Addressing the gathering, the Prime Minister emphasised the importance of the semiconductor chip market in the 21st century, noting India's growing partnership in its supply chain.

"In the 20th century, countries that possessed oil became both prosperous and powerful. In the 21st century, the small chip possesses this same power... During the COVID-19 pandemic, we hav...