Advising individuals, who question India’s semiconductor mission asking why the country is focusing so much on it, Prime Minister Narendra Modi has said they must “study our Digital India Mission”.
The goal of the Digital India Mission is to provide the country with transparent, effective, and leakage-free governance, Modi said while addressing ‘SEMICON India 2024’ event in Greater Noida of UP on Wednesday.
Encouraging the world largest companies associated with the global semiconductor industry to invest more and more in the country, Modi informed them that India was preparing a semiconductor workforce of 85,000 technicians, engineers, and R&D experts.
“India is focusing on making its students and professionals ready for the semiconductor industry,” he said, adding that India was the 18th country in the world to have hosted such a grand event related to the global semiconductor industry.
“…I can say that this is the right time to be in India. You are at the right time, at the right place,” he emphasized.
The Prime Minister also talked about India’s “aspirational and tech-oriented society”, saying “it is very unique”.
He said for India, a chip is not just a technology, it is a means to fulfil millions of aspirations.
“Today, Bharat (India) is a major consumer of chips. We have built the world’s best digital public infrastructure on this chip. This small chip is playing a significant role in ensuring last-mile delivery in the country,” he said.
Such initiatives, he said, will greatly expand the scope of innovations in the semiconductor and science sectors.
“We are also focusing heavily on semiconductor-related infrastructure. Moreover, you have a three dimensional power —first, Bharat’s current reformist government, second, the growing manufacturing base in Bharat, and third Bharat’s aspirational market. A market that understands the taste of technology. For you, the Three-D Power semiconductor industry base is something that is hard to find elsewhere.” He asserted.
Modi also underlined the talent of India’s designers in the field, saying the country contributes 20 percent of the talent in the world of designing, and it is continually expanding.
“We are preparing a semiconductor workforce of 85,000 technicians, engineers, and R&D experts. Bharat’s focus is on making its students and professionals ready for the semiconductor industry,” he added.
On the occasion, the Prime Minister also took pride in talking about how Indian banking system kept on working without any interruption during Covid-19 world health crisis.
“Whether it is Bharat’s UPI, RuPay card, Digi Locker, or Digi Yatra, various digital platforms have become part of everyday life for the people of Bharat, ‘’ he added.
The Indian government is providing 50 percent support for setting up semiconductor manufacturing facilities in the country. State governments are also providing additional support in this regard. Due to these policies, more than 1.5 trillion rupees of investments have already been made in Bharat in this sector in a short time, the Prime Minister informed.
Chief Minister of Uttar Pradesh Yogi Adityanath, Union Cabinet ministers Ashwini Vaishnaw and Jitin Prasada were among the people present on the occasion.
