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Modi Courts Global CEOs for India's Chip Future
16 Sep
Summary
- PM Modi urged global CEOs to join India's semiconductor growth phase.
- He emphasized government-industry collaboration for tech advancement.
- India aims for early leadership in AI and Quantum Computing.
Prime Minister Narendra Modi recently convened with leading global CEOs, urging their increased participation in India's burgeoning semiconductor sector. He underscored the necessity of a robust partnership between the government and the industry to forge India's technological trajectory.
The Prime Minister highlighted India's inherent strengths in talent, technology adoption, and infrastructure. He specifically called for deeper industry engagement in skilling programs, innovation, and the development of cutting-edge fields such as Artificial Intelligence and Quantum Computing, setting an ambitious target of training one crore individuals in AI.
Discussions also focused on India's aspiration to be an early leader in emerging technologies, with significant progress already noted in the semiconductor domain. The Prime Minister reiterated the government's commitment to a stable and responsive policy environment, inviting industry leaders to provide suggestions for policy and administrative enhancements to further bolster the sector.
Industry leaders present acknowledged the government's concerted efforts in building India's semiconductor capabilities across manufacturing, design, infrastructure, and talent development. They expressed confidence in the opportunities presented by 'ISM 2.0' and India's potential to excel across the entire semiconductor value chain, including advanced manufacturing and R&D, pledging their commitment to India's vision of becoming a globally competitive technology hub.
