US renews sanctions waiver for purchase of Russian oil, Lok Sabha adjourned sine die, Budget session concludes. IMF raises India growth forecast to 6.5% for 2026 and 2027, Nirav Modi case to be 'confidential' as European Court of Human Rights grants anonymity,

CM highlights Assam’s potential as hub for semiconductor at WEF

Assam Chief Minister Himanta Biswa Sarma has been actively promoting his state as a semiconductor investment hub at the World Economic Forum 2026 in Davos, Switzerland. On wednesday, he held meetings with global giants including IBM, Synopsys, and Qualcomm, highlighting Assam’s readiness with policy clarity, infrastructure, and a skilled workforce.At the Business Summit, Sarma said, “Right from IBM, I think we met all the global players of the semiconductor ecosystem…We have met several global players in the last 3 days.”  Speaking on the sidelines of the summit, the Chief Minister emphasised that India’s economic narrative has shifted from a handful of prominent states to a unified national strength, where every region is now a viable destination for global capital. He noted that the presence of states like Assam at such high-profile international forums signals a departure from traditional investment patterns, showcasing a “whole of nation” approach.The Chief Minister highlighted that India has evolved beyond its conventional economic hubs, asserting that investment can now be “absorbed or attracted by any state of the country,” as every region possesses unique industrial strengths.

A key highlight of the Chief Minister’s high-level engagements was a productive roundtable with global leaders from the semiconductor ecosystem, focusing on expanding semiconductor manufacturing and strengthening diversified supply chains in Assam. Senior representatives from Synopsys, Qualcomm, Analogue Devices, Thermo Fisher, Honeywell, and Henkel participated in the discussions.

 


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