On the first day of the India AI Impact Summit 2026, the Ministry of Electronics and Information Technology (MeitY) said US-based Micron Technology is likely to start operations at its facility in the state of Gujarat later this month, marking a key step in building domestic chip capacity. Krishnan also noted that India Semiconductor Mission 2.0 announced in the Budget earlier this month, will strengthen manufacturing capabilities with sustained support from the Centre.
Launched in 2022, the India Semiconductor Mission has so far approved ten projects. Krishnan indicated that the country’s first large-scale commercial semiconductor manufacturing unit is set to commence production soon.
The summit is being held in New Delhi from 16 to 20 February 2026, with its main sessions taking place on 19 and 20 February.