India Eyes Global Semiconductor Leadership

Prime Minister Narendra Modi asserts that democracy and technology can ensure humanity's welfare and highlights India's potential in the semiconductor sector. During a roundtable with semiconductor executives, Modi emphasized India's capability to become a trusted partner in a diversified semiconductor supply chain and assured a stable policy regime.

Prime Minister Narendra Modi underscored the convergence of democracy and technology as he highlighted India's potential in the semiconductor industry on Tuesday. Chairing the Semiconductor Executives' Roundtable at his residence, Modi assured a predictable and stable policy regime to executives, underscoring India's readiness to be a reliable partner in the global semiconductor supply chain.

Modi emphasized that semiconductors will form the bedrock of future technological advancements, positioning India as a critical player in the sector. He highlighted the country's talent pool and government initiatives focused on skilling and infrastructure development to foster a conducive environment for manufacturing and innovation.

The high-level discussion, attended by industry leaders and academic figures, garnered appreciations for India's business-friendly environment and Modi's leadership. Executives lauded the unprecedented gathering and expressed their belief in India's potential to become a global semiconductor powerhouse.

(With inputs from agencies.)