Semicon 2024: PM Modi pitches India to chip makers, talks of supply chain resilience
3 months, 1 week ago

Semicon 2024: PM Modi pitches India to chip makers, talks of supply chain resilience

The Hindu  

Prime Minister Narendra Modi on Wednesday said resilience of supply chains is critical for the economy as he made a pitch to boost investments in domestic manufacturing of semiconductors – the foundation of everything from smartphone to EV and AI. Speaking at the SEMICON 2024 conference on the outskirts of the national capital, the Prime Minister said the COVID pandemic showed the importance of the supply chain and underscored the need to act to ward off any disruption. Prime Minister showcased India’s reformist regime, stable policies and a market that has tasted technology to make a strong pitch for investments in semiconductor manufacturing. “It is our dream to have an Indian-made chip in every device in the world,” he said and added that “We will do everything that is needed to make India a semiconductor powerhouse.” Talking of steps taken by his government to boost semiconductor manufacturing, he said a reformist government, a growing manufacturing base and an aspirational market that has tasted technology provide a ‘Three-D Power’ for chip making in the country.

India Semiconductor Manufacturing Semicon  manufacturing  india  technology  supply  pitches  minister  chain  world  sectors  tasted  chip  modi  makers  resilience  semiconductor  semicon  talks  reformist

History of this topic

Supply chain council formed under Indo-Pacific agreement with US as Chair, India Vice-Chair
2 weeks, 5 days ago

Supply chain council formed under Indo-Pacific agreement with US as Chair, India Vice-Chair

Live Mint  

New Delhi, December 4 : In a step towards bolstering supply chain resilience, a Supply Chain Council has been established under the Supply Chain Resilience Agreement, a key component of the Indo-Pacific Economic Framework for Prosperity. The Agreement, signed in November 2023 and effective from February 24, 2024, seeks to enhance supply chain stability, particularly in critical sectors vital for …

World's Second Largest Mobile Producer, India Emerges As Global Semiconductor Powerhouse
3 months, 1 week ago

World's Second Largest Mobile Producer, India Emerges As Global Semiconductor Powerhouse

News 18  

As the global demand for semiconductors continues to surge, India is making significant strides towards establishing itself as a major player in the semiconductor industry. This shift was prominently highlighted at Semicon India 2024, a three-day event held in Greater Noida, which underscores the country’s commitment to becoming a key global semiconductor hub. This commitment helps maintain a robust talent …

Mint Quick Edit | India’s fab dream: There’s hard work to do
3 months, 1 week ago

Mint Quick Edit | India’s fab dream: There’s hard work to do

Live Mint  

Prime Minister Narendra Modi said on Wednesday that it is his dream to see an India-made chip in every global device. He also sought to attract global players by highlighting India’s stable business environment and chip investments already secured to fast-track the sector’s growth. While local chip rhetoric has been high ever since “computer chips, not potato chips" became a …

India best positioned to host entire semiconductor ecosystem: PM Modi at SEMICON
3 months, 1 week ago

India best positioned to host entire semiconductor ecosystem: PM Modi at SEMICON

Hindustan Times  

Prime Minister Narendra Modi on Wednesday said that India’s semiconductor ecosystem is a solution not just for the country’s challenges but also for global challenges. Speaking at the inauguration of the SEMICON India conference in Greater Noida, PM Modi said India’s reform focussed government, its growing manufacturing base, and its aspirational market that is aware of technological trends are the …

PM Modi's 'bet on India' message to Semicon industry: ‘When globally chips are…'
3 months, 1 week ago

PM Modi's 'bet on India' message to Semicon industry: ‘When globally chips are…'

Hindustan Times  

PM Modi said that when chips are down globally, the world can bet on India to provide the groundbreaking semiconductor tech as he addressed experts from the industry at the Semicon India 2024 summit. He highlighted India's commitment to enhancing infrastructure and promoting inclusive growth in the semiconductor sector. He said, “India is the world's 8th such country where global …

'Our Dream is To Have Indian-Made Chip in All Devices in World': PM Modi At Semicon India 2024
3 months, 1 week ago

'Our Dream is To Have Indian-Made Chip in All Devices in World': PM Modi At Semicon India 2024

News 18  

Prime Minister Narendra Modi on Wednesday said this is the right time to be in India as the government here offers stable policies and ease of doing business on investments. PM Modi on Wednesday inaugurated the three-day Semicon India 2024 at Greater Noida in Uttar Pradesh. India’s focus is to make its students and professionals semiconductor industry-ready,” PM Modi Stating …

Possible Modi third term said to likely see focus on economic reforms
6 months, 2 weeks ago

Possible Modi third term said to likely see focus on economic reforms

The Hindu  

Prime Minister Narendra Modi plans a raft of business-friendly measures if he wins a third term this week, including pushing through regulations making it easier to hire and fire workers, according to two government officials familiar with the matter. As part of an election pledge to transform India into a global manufacturing hub, Mr. Modi wants to offer subsidies for …

India’s Modi vows to boost social spending, make country into a manufacturing hub ahead of election
8 months, 1 week ago

India’s Modi vows to boost social spending, make country into a manufacturing hub ahead of election

Associated Press  

NEW DELHI — Indian Prime Minister Narendra Modi on Sunday vowed to boost social spending, develop infrastructure and make India into a global manufacturing hub as companies shift away from China, as he unveiled his Hindu nationalist party’s election strategy. Modi promised to expand social programs introduced during his party’s 10-year rule, including millions of free homes for the poor, …

Rising Bharat Summit 2024: India-made Semicon to hit the market by Dec 2024, says IT Min Ashwini Vaishnaw
9 months ago

Rising Bharat Summit 2024: India-made Semicon to hit the market by Dec 2024, says IT Min Ashwini Vaishnaw

Firstpost  

India will see the first made-in-India semiconductor by December 2024, Union IT Minister Ashwini Vaishnaw declared today at the News18 Rising Bharat Summit 2024. He also revealed just how close the mission is to PM Modi’s vision of Viksit Bharat With several chip manufacturers setting up shop and investing in India, Indian consumers will see the first made-in-India semicon chip …

Rising Bharat Summit 2024: India to Have First Semiconductor Chip by December This Year, Says IT Minister Ashwini Vaishnaw
9 months ago

Rising Bharat Summit 2024: India to Have First Semiconductor Chip by December This Year, Says IT Minister Ashwini Vaishnaw

News 18  

Union Minister for Communications and Electronics & IT, Ashwini Vaishnaw, on Tuesday confirmed India’s forthcoming milestone in the semiconductor industry. Speaking at CNN-News18’s Rising Bharat Summit 2024, Vaishnaw declared that by December 2024, India will witness the launch of its first indigenous semiconductor chip. By drawing parallels between these developments and India’s manufacturing landscape, Vaishnaw debunked notions of mere assembling …

PM Modi lays foundation stone of semiconductor projects, addresses youth: Details
9 months, 1 week ago

PM Modi lays foundation stone of semiconductor projects, addresses youth: Details

India TV News  

PM Modi has participated in 'India's Techade: Chips for Viksit Bharat’ program through video conferencing. Fab facility construction in Dholera and more In line with PM Modi's vision, the construction of the semiconductor fabrication facility is laying its foundation at: Dholera Special Investment Region in Gujarat An outsourced semiconductor assembly and test facility at Morigaon in Assam An outsourced semiconductor …

Every big chip player to re-work investment plan for India: Minister Vaishnaw
9 months, 2 weeks ago

Every big chip player to re-work investment plan for India: Minister Vaishnaw

The Hindu  

India has set its sights on becoming a formidable force in global semiconductor equation, rivalling known destinations like Taiwan and South Korea in next 5 years, Union Minister Ashwini Vaishnaw has said asserting that if and when mindset of global players has changed to an eagerness to invest in the country. This means, practically every big player would now like …

Interim Budget 2024: Here's how government can boost domestic manufacturing
10 months, 3 weeks ago

Interim Budget 2024: Here's how government can boost domestic manufacturing

India Today  

The countdown to the Interim Budget 2024-25 has begun, and leaders from various sectors are voicing their hopes and expectations, particularly centered around strengthening domestic manufacturing. Ashok Rajpal, Managing Director of Ambrane India, highlighted the positive impact of Production-Linked Incentive schemes and manufacturing incentives on the consumer electronics industry. “The PLI schemes and various manufacturing incentives have already proven instrumental …

India developing very strong semi-conductor industry; first made-in-India chip in December: Ashwini Vaishnaw
11 months ago

India developing very strong semi-conductor industry; first made-in-India chip in December: Ashwini Vaishnaw

The Hindu  

The first made-in-India chip will be out by December, Union Minister Ashwini Vaishnaw said in Davos, crediting Prime Minister Narendra Modi for developing a very strong semi-conductor industry in the country in a short span of time with focus on the entire ecosystem. Speaking to PTI at the World Economic Forum Annual Meeting 2024, the Minister said PM Modi launched …

PM Modi meets top CEOs, lures investments to boost economy, create jobs
11 months, 2 weeks ago

PM Modi meets top CEOs, lures investments to boost economy, create jobs

Firstpost  

Ahead of the inauguration of the Vibrant Gujarat Global Summit on 10 January, PM Modi held meetings with executives from Suzuki Motor Corp, Micron Technology, and AP Moller. Ahead of the inauguration of the Vibrant Gujarat Global Summit scheduled for 10 January, the Prime Minister held meetings with executives from Suzuki Motor Corp, Micron Technology, and AP Moller. PM Modi …

Semiconductor firms to get 50 per cent aid: PM
1 year, 4 months ago

Semiconductor firms to get 50 per cent aid: PM

Deccan Chronicle  

NEW DELHI: In a bid to boost investment in the technology space in India, Prime Minister Narendra Modi on Friday said that technology firms will be given 50 per cent financial assistance for setting up semiconductor manufacturing facilities in the country. Announcing the government's plans to build a vibrant semiconductor ecosystem in the country, the PM said, "India is becoming …

Our made-in-India chip will be ready in 2.5 years: Vedanta chairman on semiconductor plan
1 year, 4 months ago

Our made-in-India chip will be ready in 2.5 years: Vedanta chairman on semiconductor plan

The Hindu  

Vedanta group chairman Anil Agarwal on July 28 said that first phase of its semiconductor project will involve $5 billion investment of the overall $20-billion outlay, and the venture will be ready with made-in-India chip in two and a half years. "In 2.5 years, we will give you Vedanta made-in-India chips," Mr. Agarwal told reporters on the sidelines of SemiconIndia …

Modi woos global semiconductor players with talent, tax incentives pitch
1 year, 4 months ago

Modi woos global semiconductor players with talent, tax incentives pitch

Live Mint  

Gandhinagar: Prime Minister Narendra Modi on Friday urged the international semiconductor industry to consider investing in India, highlighting the nation's growing talent pool, reform initiatives, favourable tax regime, and financial incentives. Prabhu Raja, President Semiconductor Products Group at Applied Materials said that to develop manufacturing, India is poised to play an important role in global semiconductor industry. "For the first …

PM Modi wants India to become a hub of semiconductor industry
1 year, 4 months ago

PM Modi wants India to become a hub of semiconductor industry

The Hindu  

Prime Minister Narendra Modi on July 28 said India would emerge as a global hub of semiconductor and chip-making industry, as he made a strong pitch to global investors, while inaugurating the ‘Semicon India 2023’ conclave in Gujarat. “India understands that semiconductors are not just a national need but a necessity for the world,” Mr. Modi said, adding that attracting …

Modi govt's red carpet for semiconductor industries, offers 50% financial assistance to technology firms
1 year, 4 months ago

Modi govt's red carpet for semiconductor industries, offers 50% financial assistance to technology firms

India TV News  

Semicon India 2023: Prime Minister Narendra Modi on Friday said that the government will give technology firms 50 per cent financial assistance for setting up semiconductor manufacturing facilities in the country. Addressing the Semicon India 2023 conference in Gandhinagar, PM Modi said that his government has rolled out the red carpet for semiconductor industries. India’s continuously growing startup ecosystem will …

PM Modi To Visit Rajasthan, Gujarat On July 27-28, Inaugurate Rajkot Airport
1 year, 4 months ago

PM Modi To Visit Rajasthan, Gujarat On July 27-28, Inaugurate Rajkot Airport

ABP News  

New Delhi: Prime Minister Narendra Modi is scheduled to visit Rajasthan and Gujarat on July 27 and 28. On Thursday morning, PM Modi will lay the foundation stone and dedicate to the nation various development projects in a public programme in Sikar, Rajasthan, according to a release by the Prime Minister's Office. To give a boost to the public health …

The chips are down: Inside India’s technicoloured semi-conductor dreams
1 year, 5 months ago

The chips are down: Inside India’s technicoloured semi-conductor dreams

Hindustan Times  

Silicon chips and semiconductors, terms often used interchangeably, are actually distinct things. “The number of car-mounted semiconductor devices has been increasing steadily, particularly for future ADAS or Advanced Driver Assistance Systems,” is how Hitachi’s semiconductor knowledgebase describes the changes unfolding. Research firm Deloitte’s ‘TMT Predictions Report’ 2023 – India Chapter’ report released in February, estimates the Indian semiconductor market to …

Why government financial support to semiconductor industry is essential for the sector's growth
1 year, 5 months ago

Why government financial support to semiconductor industry is essential for the sector's growth

Firstpost  

Previous governments have displayed criminal neglect for this sector, and delivering results for the Modi government will require heavy lifting not just at the central level but also at the state and regional levels When the Indian economy was opening up in the 90s, foreign direct investment in various sectors was being invited. While global and domestic companies ramped up …

Tech announcements during Prime Minister Narendra Modi’s state visit to United States a “milestone” for India’s semiconductor growth: Rajeev Chandrasekhar
1 year, 6 months ago

Tech announcements during Prime Minister Narendra Modi’s state visit to United States a “milestone” for India’s semiconductor growth: Rajeev Chandrasekhar

The Hindu  

The big announcements by players like Micron, Applied Materials and Lam Research during Prime Minister Narendra Modi’s United States visit are a “significant and meaningful milestone” in the expansion of the semiconductor ecosystem in the country, Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said on June 23. In a tweet earlier, Chandrasekhar termed the latest developments …

Can India Emerge a Global Chip Powerhouse?
1 year, 9 months ago

Can India Emerge a Global Chip Powerhouse?

The Diplomat  

The world is in the grip of the geopolitics of technology. Correspondingly, through iCET, India has entered into a public-private collaboration in the chip ecosystem with the U.S. Semiconductor Industry Association, whose goals are to elevate India’s presence in the global chip industry. Liu Zongyi, the secretary general of the Research Center for China-South Asia Cooperation at the Shanghai Institute …

In 2022, India Was A Bright Spot in The World amid Gloom of War And Slowdown, 2023 Is The Time to Shine
1 year, 11 months ago

In 2022, India Was A Bright Spot in The World amid Gloom of War And Slowdown, 2023 Is The Time to Shine

News 18  

As the global economy was normalising after a battering from the Covid pandemic, the Russia-Ukraine War broke out in 2022. India also extended assistance of about $4 billion to stabilise Sri Lanka’s economy which was in a tailspin in 2022, coupled with massive political upheaval. India’s growing strategic importance on the world stage is reflected in the establishment of the …

PM Modi Inauguration In Gujarat
2 years, 1 month ago

PM Modi Inauguration In Gujarat

ABP News  

New Delhi: Prime Minister Narendra Modi on Sunday laid foundation stone of C-295 Aircraft Manufacturing Facility - the first aircraft manufacturing facility in private sector in the country in Vadodara Gujarat. Prime Minister Narendra Modi lays the foundation stone of the C-295 transport aircraft manufacturing plant, in Vadodara, Gujarat pic.twitter.com/Lv32k9gu6N — ANI October 30, 2022 According to a statement released …

Centre likely to clear semiconductor unit proposals in next 30-60 days: MoS IT Rajeev Chandrasekhar
2 years, 2 months ago

Centre likely to clear semiconductor unit proposals in next 30-60 days: MoS IT Rajeev Chandrasekhar

Firstpost  

The government has received proposals from five companies for setting up electronic chip and display manufacturing plants with an investment of Rs 1.53 lakh crore Bengaluru: The government is likely to start approving proposals to set up electronic chip and display manufacturing plants in the country in the next 30-60 days, Minister of State for Electronics and IT Rajeev Chandrasekhar …

SCO must create resilient supply chains to foster economic recovery: PM Modi
2 years, 3 months ago

SCO must create resilient supply chains to foster economic recovery: PM Modi

Hindustan Times  

The Covid-19 pandemic and the Ukraine crisis have created impediments for global supply chains and the Shanghai Cooperation Organisation should create trusted and resilient supply chains to foster economic recovery, Prime Minister Narendra Modi said on Friday. Addressing a session of the SCO Summit in Samarkand, Modi said the members of the grouping should give each other transit rights to …

‘Chip Taker to Chip Maker’: PM Modi Highlights India’s Goal at Digital India Week 2022
2 years, 5 months ago

‘Chip Taker to Chip Maker’: PM Modi Highlights India’s Goal at Digital India Week 2022

News 18  

Prime Minister Narendra Modi on July 4 stated that India wants to become a “chip maker from a chip taker” during the inauguration ceremony of the Digital India Week-2022. “We would like GENESIS to become your gateway to different support systems which include mentors, funds, pitching partners and your gateway to various Government Programs.” – Minister @AshwiniVaishnaw at #DIW2022Watch LIVE …

PM tells semiconductor industry that ‘our government will be like AND Gate’
2 years, 7 months ago

PM tells semiconductor industry that ‘our government will be like AND Gate’

The Hindu  

The previous government was like a ‘Not Gate’ whereas this one would be like an ‘And Gate’ for the semiconductor industry, said Prime Minister Narendra Modi while inaugurating the three-day Semicon India 2022 conference being held in Bengaluru. When any input flows into the ‘Not Gate‘, it gets negated,” the Prime Minister said on April 29 through video-conferencing. While the …

PM Modi Shares 6 Reasons Why India Is The Next Big Destination For Semiconductor Tech
2 years, 7 months ago

PM Modi Shares 6 Reasons Why India Is The Next Big Destination For Semiconductor Tech

News 18  

Prime Minister Narendra Modi addressed the inaugural session of the Semiconductor India Conference 2022 in Bengaluru today, April 29. During his speech, PM Modi highlighted six reasons as to why India is set to become an attractive destination for the emerging semiconductor sector. In his address, PM Modi laid down six reasons for India to become an attractive investment destination …

Want India to be a key partner in global semiconductor supply chain: PM Modi
2 years, 7 months ago

Want India to be a key partner in global semiconductor supply chain: PM Modi

Hindustan Times  

Prime Minister Narendra Modi on Friday called for a collective aim to establish India as one of the key partners in global semiconductor supply chain. The prime minister also informed the people about the recently-announced $10 billion Semi-con India programme, which aims to provide financial support to the companies investing in semiconductors, manufacturing and design ecosystems. “I see six reasons …

Modi govt woos Intel, TSMC to set up semiconductor plants in India
2 years, 7 months ago

Modi govt woos Intel, TSMC to set up semiconductor plants in India

Live Mint  

India is in talks with global chipmakers Intel Corp., GlobalFoundries Inc. and Taiwan Semiconductor Manufacturing Co. about setting up local operations, part of efforts to center more high-tech manufacturing in the country. India Gets $20.5 Billion in Investment Proposals for Chip Production In India, a venture between billionaire Anil Agarwal’s Vedanta Group and Foxconn Technology Group has shown interest in …

When the chips are down: The Hindu Editorial on India’s Semiconductor Mission
3 years ago

When the chips are down: The Hindu Editorial on India’s Semiconductor Mission

The Hindu  

The Union Cabinet’s decision this week to set aside ₹76,000 crore for supporting the development of a ‘semiconductors and display manufacturing ecosystem’ is a belated but welcome acknowledgment of the strategic significance of integrated circuits, or chips, to a modern economy. The Cabinet decision to simultaneously establish an India Semiconductor Mission helmed by ‘global industry experts’ to drive long-term strategies …

India can help change global supply chains: Foreign minister Jaishankar
3 years, 7 months ago

India can help change global supply chains: Foreign minister Jaishankar

Hindustan Times  

Union minister of external affairs S Jaishankar on Thursday spoke on shaping the post-coronavirus era with a specific relevance to the role that Asia would play at the 26th ‘Future of Asia’ Conference organized by Nikkei. Foreign minister S Jaishankar He said among other things coronavirus disease has reshaped the world by changing the perceptions and calculations of nations about …

Come invest in India, says PM Modi in address to India Ideas Summit 2020 | 5 points
4 years, 5 months ago

Come invest in India, says PM Modi in address to India Ideas Summit 2020 | 5 points

India Today  

Delivering his keynote address at the India Ideas Summit 2020, Prime Minister Narendra Modi on Wednesday said this is the best time to invest in India and US firms must make use of this opportunity for mutual growth of the two countries. In his address, PM Modi said today India is "emerging as a land of opportunities". 2) PM Modi …

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