India's Bold Leap: PM Modi Charts Course to Global Semiconductor Powerhouse at Semicon India

Prime Minister Narendra Modi recently addressed the Semicon India 2023 conference, reiterating India's unwavering commitment to establishing itself as a dominant force in the global semiconductor manufacturing landscape. Speaking at the prestigious event, PM Modi highlighted the nation's proactive strategies and conducive environment, positioning India as a prime destination for semiconductor investments and innovation.

The Prime Minister emphasized that India is not merely participating but is determined to lead in the semiconductor sector.

He pointed to the robust policy framework, including significant incentives and a streamlined regulatory system, designed to attract both domestic and international players. This concerted effort is aimed at nurturing an end-to-end semiconductor ecosystem, from design and research to fabrication and packaging.

PM Modi underscored the critical role semiconductors play in modern technology and national security, making India's push into this sector a strategic imperative.

He invited global industry leaders to partner with India, leveraging its vast talent pool, growing digital infrastructure, and a massive domestic market. The vision articulated by the Prime Minister involves fostering collaboration between industry, academia, and government to accelerate technological advancements and build a resilient supply chain.

The conference served as a vital platform for discussions on policy, technology, and investment, drawing participation from leading semiconductor companies, experts, and policymakers worldwide.

The overarching sentiment was one of optimism and excitement about India's potential to emerge as a significant contributor to the global semiconductor supply chain, moving beyond its traditional role as a consumer to become a producer and innovator.

With a clear roadmap and strong political will, India is steadily advancing towards its ambition of becoming a formidable semiconductor powerhouse, promising a future where 'Make in India' extends to the very heart of digital technology.