Greater Noida, Uttar Pradesh, September 11, 2024: Prime Minister Narendra Modi arrived today at the India Expo Mart in Greater Noida to inspect an exhibition ahead of the inauguration of the prestigious Semicon India 2024 programme. This event, hosted at one of the nation’s premier exhibition venues, marks a significant step in India’s quest to become a global leader in the semiconductor manufacturing industry.
Upon his arrival, the Prime Minister was received with great enthusiasm by dignitaries, industry leaders, and government officials. He toured the expansive exhibition space, which showcases cutting-edge innovations in semiconductor technology, chip design, and fabrication processes from leading global and Indian companies. The exhibits reflect the growing collaboration between domestic and international players aimed at bolstering India’s semiconductor ecosystem.
A Landmark Event for India’s Tech Future
The Semicon India programme, to be officially inaugurated by the Prime Minister shortly, is a critical part of India’s long-term strategy to become a key player in the global semiconductor supply chain. This sector has witnessed heightened geopolitical importance, particularly after the disruptions caused by the global chip shortage during the COVID-19 pandemic.
The government, under PM Modi’s leadership, has initiated several measures to make India self-reliant in semiconductor manufacturing. This includes the Production-Linked Incentive (PLI) Scheme, which offers significant incentives to manufacturers, and collaborations with international tech giants to establish manufacturing units in India.
PM Modi’s Vision for India’s Semiconductor Industry
During the event, Prime Minister Modi is expected to outline his vision for positioning India as a major hub for semiconductor production. This includes creating new jobs, fostering innovation, and enhancing India’s capacity to meet global demand for semiconductors. The Prime Minister has consistently emphasized the need for technological self-sufficiency as part of the “Atmanirbhar Bharat” (Self-Reliant India) initiative.
The Semicon India programme is poised to attract billions in investments and set the stage for the country to play a crucial role in the semiconductor value chain.
Global Participation
The event is expected to witness the participation of leading global semiconductor companies, policymakers, and technology experts. This marks a major milestone for India’s ambitions in the high-tech manufacturing domain. The exhibition showcases India’s rising capabilities in the fields of chip design, fabrication, packaging, and research and development, indicating the nation’s readiness to become a central player in the semiconductor industry.
As the world increasingly relies on semiconductor technologies for everything from smartphones to electric vehicles, India’s role in this sector could have a profound impact on both the domestic economy and the global tech landscape.
With the Semicon India 2024 programme, PM Modi is laying the foundation for India’s transformation into a global semiconductor powerhouse, a step that promises to propel the country toward technological leadership in the years to come.
