New Delhi: Prime Minister Narendra Modi on Friday inaugurated the ‘Semicom India 2023’ exhibition at the at the Mahatma Mandir convention center in Gujarat’s Gandhinagar district.
Addressing the gathering of industry leaders including some semiconductor industry honchos, PM Modi urged them to come and set up bases in India and subsequently draw benefit under ‘first mover’s advantage’.
“Bharat never disappoints anyone,” PM Modi said at Semicom India 2023, bringing smile on faces of those attending the event.
Semicom India 2023 is an attempt to highlight India’s focus on the semi-conductor industry & also about govt policy envisioning to turn the country into a global hub for designing & manufacturing semi-conductors.
Lot many reputed companies from across the globe including Foxconn, Micron, LAM Research, NXP Semiconductors, STMicroelectronics, AMD, IBM, Marvell, Vedanta and other prominent firms participated in the event.
#WATCH | At SemiconIndia Conference 2023, PM Narendra Modi says, “We are seeing exponential growth in India’s digital sector and electronic manufacturing. A few years back India was a rising player in this sector and today, our share in global electronics manufacturing has… pic.twitter.com/KpQsIG63ke
— ANI (@ANI) July 28, 2023
What the Industry leaders said on India’s prospects:
A lot many industry leaders, attending the conference said that India was slated to become next global powerhouse in the sector.
Ajit Manocha, President and CEO, SEMI at Semicond India
# The Current semiconductor industry is likely to grow to $ 1 trillion industry
#India would be the next powerhouse in semiconductors in Asia
Mark Papermaster, EVP and CTO, AMD at Semiconductor India
#AMD will invest $400 million in next five years
# AMD will enhance its R&D capabilities
# We will build build our largest design center in Bengaluru.
Prabhu Raja , President, Semiconductor Products Group
# With strong vision of PM Modi to develop manufacturing, India is poised to play an important role in global semiconductor industry
# We firmly believe this is India’s time to shine
Young Liu, Chairman, Foxconn at Semicon India
# Where there is a will there’s a way, I can feel the determination of the Indian government
# I am very optimistic of the way India will be headed
# PM Modi, once mentioned that IT stand for India and Taiwan
