Underlining that the country is investing heavily in skilling and training youth for the needs of the 21st century, Prime Minister Narendra Modi called upon the semiconductor industry to make India a key partner in global chip supply chains. He was addressing the inaugural session of Semicon India-2022 conference on Friday.
“A new world order is forming and we must seize this opportunity. We have worked hard over the last few years to create an environment that encourages growth.
You have exhausted your monthly limit of free stories.
Read more stories for free with an Express account.
India has the appetite for tech and risk-taking. We have put the odds in your favour as far as possible through a supportive policy environment. We have shown that India means business! Now, it’s over to you,” Modi said. “I look forward to practical suggestions from all of you about how we can move towards an India that is a hub for Semiconductors for the world in the coming years”.
IT Minister Ashwini Vaishnaw said the Centre expects to give nods in 6-8 months to chip makers who applied to its PLI scheme.
(The correspondent is in Bengaluru at the invite of the Ministry of Electronics and Information Technology)
Soumyarendra Barik is Special Correspondent with The Indian Express and reports on the intersection of technology, policy and society. With over five years of newsroom experience, he has reported on issues of gig workers’ rights, privacy, India’s prevalent digital divide and a range of other policy interventions that impact big tech companies. He once also tailed a food delivery worker for over 12 hours to quantify the amount of money they make, and the pain they go through while doing so. In his free time, he likes to nerd about watches, Formula 1 and football. ... Read More
