India, Aug. 18 -- On the occasion of the India's 79th Independence Day 2025, Sanjeev Kumar Gupta, CEO, Karnataka Digital Economy Mission (KDEM), made a statement regarding the Indian semiconductor industry.

He said: "India's rise as a global technology and manufacturing powerhouse is advancing with unprecedented momentum. Guided by the vision of Tech Atmanirbhar Bharat, our nation is rapidly building sovereign capabilities in semiconductors, ESDM, defense-tech, and AgriTech, positioning itself firmly within the $7 trillion global electronics economy.

"What began as an ambition to achieve semiconductor self-reliance has now transformed into decisive action, exemplified by the Union Cabinet's recent approval of four new semiconductor fabs...