Prime Minister Narendra Modi chaired a Semiconductor Roundtable with leading global and Indian CEOs at Seva Teerth on Wednesday, calling for greater collaboration between the government and industry to strengthen India’s semiconductor ecosystem.
During the meeting, the Prime Minister highlighted India’s strong foundation of talent, technology adoption and infrastructure and urged industry leaders to actively participate in skilling, innovation and emerging technologies, including Artificial Intelligence and Quantum Computing.
Referring to the target of training one crore people in Artificial Intelligence, Prime Minister Modi said India’s large talent pool, combined with the experience and capabilities of global industry leaders, can create significant opportunities.
The Prime Minister said India should aspire to be among the early leaders in emerging technologies. He noted that the semiconductor sector has made significant progress and is now moving from foundational efforts towards greater scale and opportunities.
Prime Minister Modi reiterated the Government’s commitment to maintaining a predictable and responsive policy environment for the industry. He said policies must evolve in line with technological advancements and industry requirements.
He also invited industry leaders to share suggestions on policy and administrative measures and assured them that their inputs would be given due consideration in further strengthening the semiconductor sector. He encouraged companies to actively participate in the next phase of India’s semiconductor growth.
During the interaction, the CEOs appreciated the Government’s sustained efforts to develop India’s semiconductor capabilities. They highlighted progress in manufacturing, design, infrastructure and talent development and expressed confidence in the opportunities emerging under ISM 2.0.
The industry leaders also expressed confidence in India’s potential to develop capabilities across the semiconductor value chain, including manufacturing, research and development, advanced technologies and supporting industries.
The CEOs appreciated the Prime Minister’s leadership and said the progress made in recent years has created a strong foundation for increased industry participation. They expressed their commitment to contributing to India’s emergence as a globally competitive semiconductor and technology hub.
The meeting was attended by CEOs, heads and representatives of organisations including SEMI, Micron, Infineon, Applied Materials, ASML, Merck, Tokyo Electron Ltd, FujiFilm, AMD, Intel, Tata Electronics, Lam Research, Rapidus, NXP, Foxconn, Semiconductor Devices, Advantest, Celesta Capital, CG Power and IBM Research, among others.
