“Come, invest in India”: Prime Minister Narendra Modi asks global chipmakers to take first mover’s advantage. Addressing the second edition of the Semicon India event in Gujarat's Gandhinagar on Friday, Modi said, the semiconductor industry trusts India because of the country's ‘massive talent pool. He asserted that the India of the 21st century offers opportunities to everyone. He also stressed that today, the country is moving on a path of development due to the nation's aspirations; the growing neo-middle class has become the powerhouse of national aspirations, the prime minister remarked.
#WATCH | At SemiconIndia Conference 2023, PM Narendra Modi says, "Today, the world is becoming a witness to Industry 4.0. Whenever the world has undergone any industrial revolution, its foundation has been the aspirations of the people of any region. This was the relation between… pic.twitter.com/cCeLLHwIGb
— ANI (@ANI) July 28, 2023
Gujarat CM Bhupendra Patel in his address daid that It is of utmost importance for us that the semiconductor manufacturing units are opening for the first time in India in Gujarat... A special and dedicated semiconductor policy has been framed by the Gujarat government for the semiconductor sector... We would like PM Modi to establish Gujarat as the semiconductor hub.
#WATCH | "It is of utmost importance for us that the semiconductor manufacturing units are opening for the first time in India in Gujarat... A special and dedicated semiconductor policy has been framed by the Gujarat government for the semiconductor sector... We would like PM… pic.twitter.com/2IyX9jjdhU
— ANI (@ANI) July 28, 2023
Mark Papermaster, EVP and CTO, Advanced Micro Devices (AMD) at Semiconductor India says, American chipmaker.AMD will invest $400 million in India in the next five years. AMD will enhance its R&D capabilities...We will build our largest design centre in Bengaluru..
Chairman, Foxconn at Semicon India says, "...Where there is a will there's a way, I can feel the determination of the Indian government. I am very optimistic about the way India will be headed. PM Modi, once mentioned that IT stands for India and Taiwan. PM, Taiwan is and will be your most trusted and reliable partner..
Renowned leaders in the semiconductor chip, display fab, chip design, and assembly industries will convene to discuss the burgeoning prospects in India. Anil Agarwal, Chairman of Vedanta Group, Sanjay Mehrotra, President, and CEO of Micron Technology, and Young Liu, Chairman of Foxconn, will also be present. The Gujarat government has introduced the Semiconductor Policy (2022-2027) as a strategic initiative, demonstrating its dedication to promoting rapid and inclusive growth in the domestic semiconductor chip manufacturing sector. The second edition of the event is being held in Gujarat, following the successful first edition held in Bengaluru last year, according to sources.."
(Ira Singh is the Asstt Editor)
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