Addressing an international plenary of technology leaders at the SEMICON India 2026 summit on Thursday, Prime Minister Narendra Modi issued a strong cautionary warning against the growing weaponization of critical semiconductor technologies, advanced algorithms, and rare-earth mineral processing. Modi emphasized that monopolizing critical hardware chokepoints poses a profound threat to worldwide economic stability and digital equity.
The Prime Minister argued that democratic nations must collaboratively construct decentralized, resilient supply chains that ensure developing economies in the Global South enjoy unhindered access to foundational computational power and green technology hardware. He pointed out that India’s expanding microelectronics policies are deliberately designed as open, collaborative partnerships rather than exclusive technological fortresses.
Modi called upon global mining consortia, chip fabricators, and research laboratories to partner with Indian scientific institutions to develop synthetic alternatives to restricted rare-earth elements and establish clean mineral refining facilities. International delegates praised the Prime Minister’s vision, noting that transparent multilateral governance of technology is indispensable to prevent geopolitical fragmentation across the digital economy.
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