As India prepares to host SEMICON India 2024, Micron CEO Sanjay Mehrotra praised Prime Minister Narendra Modi’s visionary approach toward developing a robust semiconductor industry in the country.
After a meeting with PM Modi, Mehrotra expressed his excitement over India’s policies aimed at incentivizing semiconductor manufacturing, emphasizing that this is the ideal moment for the nation to seize opportunities in the rapidly growing field, especially with the rise of AI.
“PM Modi’s vision of making India self-reliant in semiconductors is inspiring. His policies to support and incentivize semiconductor production are equally exciting.
Now is the perfect time for India to develop semiconductors, as AI will further increase demand. The best is yet to come,” Mehrotra stated ahead of the SEMICON India 2024 Summit.
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PM Modi to Inaugurate SEMICON India 2024
SEMICON India 2024, set to take place from September 11-13 at India Expo Mart in Greater Noida, Uttar Pradesh, will be officially inaugurated by PM Modi.
This three-day summit is positioned as a crucial platform for showcasing India’s semiconductor strategy and policy, which aims to position the country as a global semiconductor hub.
Before the summit, PM Modi chaired a high-profile Semiconductor Executives’ Roundtable at his residence.
During the meeting, the Prime Minister stressed the importance of the semiconductor industry in the future, noting that semiconductors are fundamental to the Digital Age.
“Semiconductors will soon be the bedrock of even our necessities,” PM Modi remarked, highlighting how technology, coupled with democracy, can improve humanity’s well-being.
India, he added, is committed to advancing in this field, recognizing its global responsibility in the semiconductor sector.
India’s Semiconductor Vision: A Tech-Driven Future
PM Modi also outlined India’s strategy for growth, focusing on developing infrastructure, promoting inclusive development, easing regulatory burdens, and attracting investments in manufacturing and innovation.
With SEMICON India 2024, the government aims to demonstrate India’s readiness to become a leading force in the global semiconductor market.
The roundtable was attended by high-profile CEOs, executives, and representatives from global semiconductor companies, including Micron, NXP, Renesas, IMEC, PSMC, Tokyo Electron, Infineon, Applied Materials, Synopsys, and more.
Professors from prominent institutions such as Stanford University, University of California San Diego, and IIT Bhubaneswar were also present to provide insights into the industry’s future.
SEMICON India 2024: Shaping the Semiconductor Future
With the theme “Shaping the Semiconductor Future,” SEMICON India 2024 aims to bring together over 250 exhibitors and 150 industry experts, highlighting India’s growing prominence in the semiconductor sector.
This summit provides a platform for global leaders, companies, and innovators to discuss and collaborate on the future of semiconductor technology, focusing on advancing India’s semiconductor strategy.
The conference underscores India’s ambitious plans to become a global leader in semiconductor manufacturing, with the government investing heavily in infrastructure, research, and talent development to support the industry’s growth.
Conclusion
SEMICON India 2024 arrives at a critical juncture as India pushes to become a global hub for semiconductor production.
With a visionary approach backed by robust policies, infrastructure, and global partnerships, India is poised to play a major role in shaping the future of semiconductors.
For Micron CEO Sanjay Mehrotra and other industry leaders, the timing could not be better for India to harness the growing opportunities in this vital sector.
As the conference unfolds, it promises to highlight India’s readiness to compete in the global semiconductor race, positioning itself as a key player in the fast-evolving digital and AI-driven world.