India, April 1 -- Indian Prime Minister Narendra Modi on Tuesday inaugurated the Rs 3,300 crore semiconductor plant by Kaynes Technology at Sanand, Gujarat.

"This is a wonderful beginning. In the coming days, many Indian companies, through global collaboration, will give the world a resilient semiconductor supply chain," he said.

"The modules made in Sanand will reach American companies and from there will power the entire world," said Modi.

Explaining that self-reliance in semiconductors cascades into self-reliance across AI, electric vehicles, clean energy, defence, and electronics, PM Modi affirmed, "This mission is not just an industrial policy, it is a declaration of India's self-confidence".

Detailing the progress of the mission...