Prime Minister Narendra Modi inaugurated the three-day Semicon India 2024, emphasizing that now is the perfect time for global investment in India’s semiconductor industry. He highlighted the government’s commitment to stable policies and ease of doing business, making India a promising hub for semiconductor manufacturing. Modi underscored India’s role as a significant consumer and contributor to global chip talent, aiming to be a major player in electronics manufacturing. The event attracted numerous exhibitors, indicating a growing interest in the sector. Modi’s vision includes a future where every device features Indian-made chips, reinforcing India’s ambition to become a semiconductor powerhouse and a key player in global technology.
Prime Minister Narendra Modi launched the three-day Semicon India 2024 event on Wednesday, emphasizing that now is the opportune moment for global investors to engage with India’s flourishing semiconductor industry. He asserted that the Indian government’s stable policies and focus on easing business operations make the country ideal for investments.
During his address, PM Modi expressed pride in India’s role within the global semiconductor landscape, stating, “In the 21st century of Bharat, the chips are never down.” He assured industry leaders that the current Indian government fosters a supportive environment essential for the country’s transformation into a semiconductor powerhouse.
Highlighting India’s unique advantages, PM Modi spoke about a “Three-D Power” which includes a reformist government, a growing manufacturing base, and an increasingly tech-savvy consumer Market. He noted that this setting is unmatched elsewhere and is crucial for the semiconductor sector’s success.
The prime minister further revealed India’s ambition for self-sufficiency in chip manufacturing and expressed goals for every device globally to incorporate Indian-made chips. He also mentioned ongoing plans to bolster domestic production of critical minerals and establish partnerships with educational institutions to enhance the semiconductor ecosystem.
As companies worldwide join forces with India, PM Modi’s vision aims to position the nation as a leading player in the semiconductor Market. The event is expected to attract considerable interest from investors and innovators in the industry, fostering collaboration and growth.
In conclusion, Semicon India 2024 marks a significant step towards realizing India’s potential in the semiconductor space, paving the way for future technological advancements and economic growth.
Tags: Semicon India 2024, Narendra Modi, semiconductor industry, investment in India, manufacturing, technology, government policies, chip production, economic growth.
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What is Semicon India 2024?
Semicon India 2024 is a major event focusing on the semiconductor industry in India. It will gather experts, companies, and government officials to discuss developments, investments, and future trends in chip manufacturing. -
Why is PM Modi’s statement important?
PM Modi’s statement highlights India’s growing importance in the global semiconductor Market. He emphasizes that during tough times, India can be relied upon to deliver high-quality semiconductor solutions. -
How can I attend Semicon India 2024?
You can attend by registering online through the official event website. Check for any requirements and details about attending in person or virtually. -
Who will be speaking at the event?
The event will feature leaders from the semiconductor industry, government officials, and key experts who will share insights and discuss the future of chip technology. - What are the benefits of hosting this event in India?
Hosting Semicon India 2024 can boost the local economy, attract investments, create jobs, and position India as a global player in the semiconductor industry.
