New Delhi, Sept. 2 -- India's semiconductor industry has reached a historic milestone, recording a pace of growth never seen before. Speaking during the opening ceremony of SEMICON India 2025 on Tuesday, Ajit Manocha, President and CEO of Semiconductor Equipment and Materials International (SEMI), described the moment as both "exponential" and "unprecedented," underlining the country's rapid rise in the global semiconductor landscape.

Manocha recalled his remarks from the Noida event a year ago, when he first introduced the concept of exponential growth inspired by Prime Minister Narendra Modi's reference to Moore's Law. This year, Manocha added a new dimension to the narrative, introducing the word "unprecedented" to capture the scale a...