Prime Minister Narendra Modi urged leading CEOs, at a roundtable held here on Wednesday, to participate in the next phase of India’s semiconductor growth.
During the meeting, the Prime Minister emphasised the importance of close collaboration between the government and the semiconductor industry in shaping India’s technology future
The meeting was attended by CEOs, heads and representatives of top organisations including SEMI, Micron, Infineon, Applied Materials, ASML, Merck, Tokyo Electron Ltd, Fujifilm, AMD, Intel, Tata Electronics, Lam Research, Rapidus, NXP, Foxconn, Semi Conductor Devices, Advantest, Celesta Capital, CG Power, and IBM Research among others. The CEOs appreciated the government’s sustained efforts to develop India’s semiconductor capabilities, noting the progress made in manufacturing, design, infrastructure and talent development. They expressed their commitment to contributing to India’s emergence as a globally competitive semiconductor and technology hub, the statement added.
They expressed confidence in the opportunities emerging under ISM 2.0 and in India’s potential to build capabilities across the semiconductor value chain, including manufacturing, R&D, advanced technologies and supporting industries.
During the meeting, the Prime Minister emphasised the importance of close collaboration between the government and the semiconductor industry in shaping India’s technology future, a PMO statement said. The Prime Minister said India should aspire to be among the early leaders in emerging technologies. He noted the significant progress made in the semiconductor sector and said the ecosystem is now moving from foundational efforts to a phase of greater scale and opportunity. Appreciating the leadership and support of the Prime Minister, they said the progress achieved in recent years has created a strong foundation for further industry participation.
