Sanand, July 4 -- Prime Minister Narendra Modi on Saturday inaugurated the CG Semi Outsourced Semiconductor Assembly and Test (OSAT) facility in Gujarat's Sanand, highlighting India's growing momentum in semiconductor manufacturing and its vision to become a global chip hub.

Addressing the event here, the Prime Minister said he was confident the facility would soon achieve its production target.

He said, "I've been told that 200 million chips will be produced here every year from now on. I am firmly confident that you will achieve it soon. This confidence also stems from the fact that the Semicon India programme is gaining momentum. STEP BY STEP, BRICK BY BRICK, and now CHIP BY CHIP. We have set a target of manufacturing 500 million chi...