Prime Minister Narendra Modi inaugurated SEMICON India 2024 at the India Expo Mart in Greater Noida, with Chief Minister Yogi Adityanath also in attendance. The event, taking place from September 11 to 13, highlights Modi’s vision of positioning India as a leading global hub for semiconductor design, manufacturing, and technology.
Global Semiconductor Vision
SEMICON India 2024, themed “Shaping the Semiconductor Future,” is set to highlight India’s strategic plans and policies aimed at becoming a global leader in the semiconductor industry. The three-day conference will feature over 250 exhibitors and 150 speakers from across the globe, showcasing the latest advancements and strategies in semiconductor technology.
Significant Investments and Participation
A noteworthy development is that Larsen & Toubro Ltd. has declared intentions to invest over $300 million in order to launch a new semiconductor company. This action is a component of an overall strategy by Indian corporations to develop a strong semiconductor industry in India. The conference, which will highlight India’s expanding importance in the global semiconductor supply chain, will bring together international leaders, industry experts, and top executives from major semiconductor manufacturers.
Government Assurance and Support
Prime Minister Modi also assured that India is well-equipped to be a reliable partner in a diversified semiconductor supply chain. During a recent meeting with semiconductor executives, he emphasized the government’s commitment to maintaining a stable and predictable policy environment to support the industry’s growth.
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