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PM inaugurates Semicon India Conf

29/04/2022 at 12:51 PM

New Delhi, Apr 29: Prime Minister, Narendra Modi inaugurated Semicon India Conference 2022 and shared his remarks via video conferencing at the inaugural session today. Union Ministers, leaders of the Semiconductor industry, investors, academics, and members of the diplomatic corps were among those present on the occasion.

The Prime Minister underlined the critical role of semiconductors in today’s world and said “it is our collective aim to establish India as one of the key partners in global semiconductor supply chains. We want to work in this direction based on the principle of Hi-tech, high quality, and high reliability.”

PM Modi also highlighted several reasons for India being an attractive investment destination for Semiconductor technologies.

The Prime Minister acknowledged the need for government support and assured the audience of the best efforts of the government to provide a conducive environment for business. “While the industry works hard, the government must work even harder”, he said.

Noting the formation of the new world order, the Prime Minister asked to seize the opportunity that is emerging. “We have worked hard over the last few years to create an environment that encourages growth. India has an appetite for tech and risk-taking. We have put the odds in your favour as far as possible through a supportive policy environment. We have shown that India means business”, the Prime Minister added.

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