Prime Minister Narendra Modi held a special meeting with top leaders of the semiconductor industry at his home in New Delhi today. This important meeting, called the Semiconductor Executives’ Roundtable, brought together top CEOs, business heads, and experts from around the world. They discussed how semiconductors are key to India’s future in technology and development.
Semiconductors: The Heart of the Digital Age
During the meeting, Prime Minister Modi said that semiconductors are essential for the Digital Age. He explained that very soon, semiconductors will be a key part of everyday life, not just for technology but even for basic needs. Semiconductors are used in everything from smartphones and computers to cars and household gadgets.
The Prime Minister emphasized how democracy and technology can work together for the good of humanity. He said India recognizes its role in helping the world’s semiconductor industry and is ready to take on that responsibility.
Building a Strong Foundation for Growth
PM Modi shared his vision for India’s growth, focusing on the following key areas:
- Social, digital, and physical infrastructure development.
- Inclusive growth, ensuring that everyone benefits.
- Attracting investment to create more opportunities in manufacturing and innovation.
- Simplifying regulations to make it easier for businesses to thrive.
He pointed out that India has the skills and talent to become a reliable partner in the global semiconductor supply chain. The Indian government is investing heavily in education and training to make sure India has a skilled workforce ready to lead the future.
India: A Hub for Semiconductor Investment
Prime Minister Modi also highlighted India’s growing importance in the semiconductor industry. He said India is the perfect place for companies to invest in high-tech infrastructure. The Make in India and Make for the World campaigns encourage businesses to set up manufacturing facilities in India and create products for global markets.
He assured the business leaders that the Indian government will provide strong support and a stable policy environment. This means companies can rely on consistent policies and will be encouraged to invest without worrying about sudden changes.
Industry Leaders Praise India
The CEOs at the meeting expressed their excitement about India’s potential. They said India now has the right environment for the semiconductor industry to grow, and they believe India can become a global leader in this field. They appreciated how India has remained stable despite the challenging global political situation and saw India as a safe and attractive place to invest.
These leaders also said that India’s progress in the semiconductor sector is unlike anything seen before. Many of them praised Prime Minister Modi for his vision and support, saying that this is the best time to invest in India.
They added that India’s growth in the semiconductor industry will not only benefit India but also have a positive impact on the whole world. India is seen as a future global powerhouse for raw materials and semiconductor manufacturing.
Notable Attendees
The meeting was attended by CEOs and representatives from top companies like SEMI, Micron, NXP, PSMC, IMEC, Renesas, Tokyo Electron Ltd, Tower, Synopsys, Infineon, and many more. Professors from renowned institutions like Stanford University and the University of California San Diego also participated in the event.
Conclusion
This roundtable discussion marks an important step for India’s journey to becoming a major player in the global semiconductor industry
. With Prime Minister Modi’s leadership and the support of international companies, India is on track to build a strong future driven by technology and innovation. The semiconductor sector will not only boost India’s economy but also ensure the country’s role in shaping the future of global technology.
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