After PM Modi’s strong message on India’s approach towards the semiconductor industry at the Semicon 2025 India event, industry leaders and academic experts have also said that India's semiconductor journey has entered a crucial stage. While pointing to the government's push and growing collaborations that are expected to shape the country's role in the global chip market, the industry leaders also indicate a positive approach. 

While speaking to the media at the SEMICON India 2025, Anku Jain, Managing Director of Mediatek India, said, "India's journey was a long one for semiconductors. But today's announcement is one of the results that have come from the last few years. The semiconductor industry has picked up momentum over the last few years. But it is a multi-year, multi-decade journey." 

Jain explained that "while MediaTek operates as a fabless company, the growth of a semiconductor ecosystem in India would support local traction." If the semiconductor ecosystem develops in India, it is beneficial for us because we can then have more traction locally," ANI reported.