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India Committed To Becoming A Global Leader In Semiconductor Production: PM Modi
Inc42
·
11m ago
Medial
Prime Minister Narendra Modi, speaking from the Red Fort, addressed the importance of reducing India's dependency on imports and increasing its technological self-sufficiency. He emphasized the need for designing in India for the world, showcasing the country's indigenous design capabilities. Modi also called for transforming India into a global manufacturing hub by utilizing its abundant resources and skilled workforce.
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India will play a major role in driving the global semiconductor industry: PM Modi
Economic Times
·
11m ago
Medial
Indian Prime Minister Narendra Modi emphasized India's role in driving the global semiconductor industry and creating a resilient global supply chain during his speech at the Semicon India industry conference. He highlighted India's partnerships with countries like the US, Japan, and Singapore in the semiconductor sector. Modi stated that India aims to expand its $150 billion electronics sector to over $500 billion by the end of the decade, creating millions of jobs. He emphasized India's talent pool, research investments, growing data center demand, and commitment to green transition in becoming a semiconductor powerhouse.
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India Should Lead The Global Online Gaming Sector: PM Narendra Modi
Inc42
·
11m ago
Medial
Prime Minister Narendra Modi expressed his desire for India to become a leader in online game production during his Independence Day speech. He urged the country's youth to take Indian online games to a global level. Additionally, Modi highlighted the government's decision to allow private players in the space sector, resulting in the emergence of multiple space technology startups.
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Semiconductor units will strengthen India's transformative journey for tech self-reliance: PM Modi
Economic Times
·
1y ago
Medial
Prime Minister Narendra Modi has announced that the upcoming semiconductor units in India will contribute to the country's journey towards technological self-reliance. The government has approved proposals to establish three semiconductor plants, including a mega fab by Tata Group, with a combined investment of Rs 1.26 lakh crore. The move aims to position India as a global leader in chip manufacturing. Incentives of up to Rs 76,000 crore are being offered to boost domestic semiconductor manufacturing, which is crucial for electronic devices in various sectors. Construction of the approved units is expected to commence within the next 100 days.
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SEMICON India 2024: 5 key takeaways from MP Modi's speech
Livemint
·
11m ago
Medial
The Indian Prime Minister, Narendra Modi, addressed SEMICON India 2024 and emphasized the importance of supply chain resilience. He highlighted India's investments in semiconductor manufacturing, with a goal to position India as a global hub. Modi also expressed a vision of having Indian-made chips in every electronic device worldwide. He noted the three factors driving India's semiconductor ambitions: a reformist government, a growing manufacturing base, and a tech-savvy market. Modi positioned India as an attractive destination for semiconductor investments, promising to support the country's journey toward becoming a semiconductor powerhouse.
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After Successful 5G Rollout, India Aims To Be A Leader In 6G: PM Modi
Startup News FYI
·
1y ago
Medial
Prime Minister Narendra Modi has announced that India is working towards becoming a global leader in 6G technology, following the successful rollout of its 5G networks. He inaugurated 100 5G use case labs across the country during the India Mobile Congress. The initiative aims to encourage the development of 5G applications that address India's unique needs. Modi also highlighted the expansion of 5G infrastructure in India, with over 4 lakh 5G base stations covering 97% of cities and 80% of the population. Internet speeds in the country have increased threefold, and India now ranks 43rd in terms of broadband speed.
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Global investors eyeing India, don't miss this 'golden chance': PM to India Inc
YourStory
·
1y ago
Medial
Indian Prime Minister Narendra Modi expressed confidence that India is on track to becoming the world's third-largest economy in the next five years. He emphasized that global investors are eyeing India as an investment destination and urged the domestic industry to seize this opportunity. Modi highlighted India's high growth rate, low inflation, and commitment to policies that are becoming the foundation of global development. He also discussed various government measures, such as promoting the MSME sector, skill development, and manufacturing ecosystem transformation, aimed at achieving the goal of a developed and globally competitive India.
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'Tata's Gujarat semi-conductor unit to create 50,000 jobs': Chandrasekaran to PM Modi from Dholera
Economic Times
·
1y ago
Medial
Prime Minister Narendra Modi has taken a significant step towards advancing India's semiconductor industry by virtually laying the foundation of three semiconductor fabrication facilities. The facilities are set to be established in Gujarat and Assam, with two in Gujarat and one in Assam. This move is expected to boost India's pursuit of becoming self-reliant in the semiconductor sector.
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PM Modi showcases India’s tech prowess during US visit: key takeaways
Economic Times
·
10m ago
Medial
Indian Prime Minister Narendra Modi recently visited the US to highlight India's growth potential in the technology sector. During his visit, Modi met with Silicon Valley CEOs and government officials to attract investment in India's startup and semiconductor industries. The prime minister emphasized India's innovation-friendly policies and burgeoning market opportunities, which caught the attention and interest of the CEOs. Modi also addressed the Indian American community, discussing India's digital infrastructure and initiatives for domestic semiconductor production. Notable CEOs like Jensen Huang from Nvidia and Sundar Pichai from Google expressed their support and willingness to partner with India in fields like AI and manufacturing.
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PM Modi's Semicon India 2024 speech fuels rally in semiconductor stocks
Money Control
·
10m ago
Medial
The Indian government has partnered with 113 universities, academic institutions, and R&D organizations to develop a curriculum focused on semiconductors. Prime Minister Narendra Modi emphasized India's commitment to building and growing its semiconductor infrastructure during the Semicon India 2024 event. The government aims to increase the number of semiconductors produced in the country and develop a strong talent pool of 85,000 engineers and technicians. Industry executives have commended India's commitment and believe that the country is becoming a significant player in the semiconductor sector.
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PM Modi pitches India to chip makers, talks of supply chain resilience
YourStory
·
11m ago
Medial
Prime Minister Narendra Modi highlighted the importance of resilient supply chains and emphasized the need for investments in domestic semiconductor manufacturing during his speech at the SEMICON 2024 conference. With the Covid-19 pandemic exposing vulnerabilities in global supply chains, the Prime Minister stressed the need for India to develop a strong supply chain in various sectors. He expressed India's ambition to become a semiconductor powerhouse and strive to have an Indian-made chip in every device worldwide. Modi also mentioned the significant investments and projects already underway in semiconductor manufacturing, as well as the goal of boosting India's electronics sector to over $500 billion by the end of the decade.
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