Live
- Nifty back below 200EMA/ 200DMAs
- US Navy shoots down own jets over Red Sea
- Nara Devansh sets world record in chess
- Team India cross their fingers
- 3 energy efficient projects to reduce power bills in AP
- Governor Jishnu Dev Varma to Attend ABVP 43rd State Conference in Siddipet Today
- Transgenders to Begin Traffic Assistant Duties in Hyderabad from Tomorrow
- Police Security Tightened at Allu Arjun’s Residence After OU JAC Vandalism
- ED Likely to Issue Notices to BRS Working President KTR Today
- CM Chandrababu Naidu to Attend Christmas Celebrations in Amaravati Today
This is right time to be in India, PM Modi tells global semiconductor leaders
Prime Minister Narendra Modi on Wednesday said this is the right time and place to be in India when it comes to semiconductor manufacturing, as the country provides an integrated ecosystem for the global players, along with ease of doing business and a large talent pool.
New Delhi: Prime Minister Narendra Modi on Wednesday said this is the right time and place to be in India when it comes to semiconductor manufacturing, as the country provides an integrated ecosystem for the global players, along with ease of doing business and a large talent pool.
Speaking to a packed house at the ‘Semicon India 2024’ event in Greater Noida in the presence of key industry stakeholders, PM Modi said "Chips are never down in India" and you can bet on our growth story.
“Come, invest and create value and we will provide an integrated ecosystem for your growth. India has 20 per cent of the global talent in semiconductor design which is consistently growing. We are building an 85,000-strong semiconductor workforce with technicians, R&D experts and designers,” said the Prime Minister.
PM Modi mentioned the Rs 1 lakh crore ‘Anusandhan fund’ that is aimed at supporting basic research and prototype development, including in the field of semiconductors, spurring private sector-driven research and innovation on a commercial scale.
“India provides a reformist government, a growing manufacturing base and an aspirational tech-oriented market,” PM Modi told the gathering.
The government has committed to developing a strong talent pool of 85,000 engineers and technicians. More than 113 universities, academic institutions and R&D organisations have been tied up towards this cause.
PM Modi also visited the exhibition area and interacted with companies on their progress with their semiconductor solutions.
On Tuesday, top CEOs of semiconductor companies hailed PM Modi’s leadership, saying he has inspired not just India but the entire world.
Top CEOs and representatives of various organisations met PM Modi at his official residence in the national capital, including SEMI, Micron, NXP, PSMC, IMEC, Renesas, TEPL, Tokyo Electron Ltd, Tower, Synopsys, Cadence, Rapidus, Jacobs, JSR, Infineon, Advantest, Teradyne, Applied Materials, Lam Research, Merck, CG Power, and Kaynes Technology.
