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Wire · operational-macro

Modi Outlines India's Self-Reliance Drive Towards Developed Nation By 2047

15 August 2026 · By · Wire by Fusion42

Published

15 August 2026

Topic

operational-macro

◆ Sectors

Semiconductors

◆ Geography

India

◆ Source

Read at bernama.com →

◆ Verified

Fusion42 · 15 August 2026 · Fusion42 review

India's Prime Minister Narendra Modi announced a national push for self-reliance focusing on defence, semiconductors, nuclear and renewable energy sectors, with targets including five new nuclear reactors this decade and increased semiconductor plant capacity for 2047 development goals.

This Wire brief sits within Fusion42's coverage of Semiconductors.

◆ ◆ The Wire takeaway

Your business in semiconductors, nuclear energy, or defence tech in India faces a decade-long demand boost as government spending shifts to domestic production. Expect new government contracts and local partnerships to become critical paths for market entry and growth.

◆ Coverage

1 source · 15 Aug 2026

◆ Related on Wire

◆ Topics

Semiconductorsindiaself-reliancesemiconductorsenergy-securitydefence-manufacturing