Key Points
New Delhi: In a short span of time, India has attracted investment worth Rs 1.5 trillion in semiconductor manufacturing due to favourable policies, Prime Minister Narendra Modi said Wednesday, while exhorting the industry to bet on India...
Speaking at the inauguration of Semicon India 2024, which saw participation from global semiconductor giants and stakeholders, Modi said this was the right time to be in India, and this industry was also at the right place at the right time...
Chips are never down in 21st century India..
The Prime Minister also linked Indias market to a special diode that conducts energy in two directions and not just onethe industry invests and creates value on one hand, and on the other, the government provides stable policy and ease of doing business...
The country is working towards creating a semiconductor workforce of 85,000 technicians, engineers and R&D, he said.. Modi also pointed out that the government had taken many steps to boost semiconductor manufacturing in India, including giving 50 percent incentive to set up facilities..
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