The Impressive TimesIndia, March 13, 2024– Prime Minister Narendra Modi inaugurated the ‘India’s Techade: Chips for Viksit Bharat’ program, marking a significant milestone in India’s technological advancement. Via video conferencing, PM Modi laid the foundation stones for three semiconductor projects, collectively valued at approximately Rs 1.25 lakh crores. These projects, including a Semiconductor fabrication facility in the Dholera Special Investment Region (DSIR) in Gujarat and Outsourced Semiconductor Assembly and Test (OSAT) facilities in Morigaon, Assam, and Sanand, Gujarat, signify India’s ambitious journey towards becoming a global semiconductor manufacturing hub. Addressing the nation, Prime Minister Modi underscored the pivotal role of these semiconductor projects in shaping India’s future. He emphasized the importance of indigenous chip manufacturing, highlighting its significance in fostering self-reliance and propelling India towards modernization. PM Modi reaffirmed India’s commitment to leading the fourth industrial revolution, stressing the need for robust supply chains in the wake of global disruptions caused by the pandemic. PM Modi lauded India’s progress in electronics and hardware manufacturing, citing initiatives such as the Production Linked Incentive (PLI) schemes and the country’s emergence as the second-largest mobile manufacturer globally. He outlined the government’s efforts to streamline regulations, simplify laws, and promote ease of doing business, fostering an environment conducive to technological innovation and investment. Furthermore, PM Modi emphasized the transformative potential of semiconductor research, noting its relevance across various industries. He hailed India’s burgeoning talent pool in chip design and manufacturing, envisioning a bright future for the nation’s semiconductor ecosystem. PM Modi expressed confidence that these projects would generate advanced technology jobs and opportunities for startups, empowering India’s youth and driving economic growth. Reflecting on past missed opportunities, PM Modi underscored the government’s proactive approach towards realizing India’s semiconductor dreams. He underscored the administration’s commitment to addressing the country’s priorities, ranging from poverty alleviation to defense modernization, through strategic investments and policy initiatives. In conclusion, PM Modi called upon all stakeholders to unite in advancing India’s progress, asserting his unwavering commitment to the nation’s future.
No Comments: