PM Modi Advocates for India's Leadership in Semiconductors and Online Gaming

In his Independence Day speech, PM Modi urged India's youth to focus on designing world-class products, particularly in semiconductors and gaming. He emphasized India's potential to become a global leader, a vision lauded by gaming industry leaders, who foresee significant economic growth and job creation.

New Delhi [India], August 17: Prime Minister Narendra Modi, during his Independence Day address at the Red Fort, called on India's youth to concentrate on creating world-class products, particularly in the fields of semiconductors and gaming. Highlighting the country's talent and potential, Modi envisioned India as a future global leader in these rapidly evolving sectors.

Modi emphasized a shift from traditional manufacturing to innovative design, stating, "We should aim to design in the country for the world. The Indian standards should become international standards. The country has the necessary talent for achieving this goal." Roland Landers, CEO of the All India Gaming Federation, praised the Prime Minister's vision, expressing gratitude for his consistent support of the online gaming sector and its significance to India's digital economy.

Landers noted that online gaming could be a cornerstone of the projected $1 trillion USD digital economy, expecting an influx of Indian developers creating products for the global market. This vision complements the government's broader objectives of fostering innovation, generating employment, and positioning India as a leader in the global digital landscape. The burgeoning online gaming industry, with its innovative drive and vast market potential, promises significant economic growth, foreign investment, and enhanced global influence. The Prime Minister's focus reflects a strategic move to leverage India's technological expertise to achieve broader economic ambitions. Industry leaders look forward to collaborating with the government to transform India into a global gaming powerhouse.

(With inputs from agencies.)