PM to inaugurate Semicon India event in Gujarat tomorrow 28 JULY 2023
Media Desk
Prime Minister Narendra Modi will inaugurate the Semicon India event in Gandhinagar, Gujarat on July 28. The event will be attended by representatives from 23 countries, as well as major chip manufacturing companies including Foxconn, Micron, AMD and IBM.
The Semicon India event is a three-day event that will focus on the development of the semiconductor industry through business opportunities. The event will also highlight the importance of innovation, participation and growth in the semiconductor industry.
Speaking ahead of the event, Union Minister Rajeev Chandrasekhar said that the second edition of Semicon India is a good way to celebrate the tremendous successes that have been achieved in the last 15 months. He also said that the government is promoting semiconductor production in India through the PLI scheme.
Semiconductor chips are made of silicon and are used to control electricity in a circuit. They are essential for the operation of many electronic devices, including computers, laptops, cars, washing machines, ATMs, hospital machines and handheld smartphones.
The Indian semiconductor market was valued at $27.2 billion in 2021 and is expected to grow at 19% annually to reach $64 billion by 2026. The Semicon India event is a significant step towards making India a global hub for semiconductor production.
Here are some of the key takeaways from the article:
Prime Minister Narendra Modi will inaugurate the Semicon India event in Gandhinagar, Gujarat on July 28.
The event will be attended by representatives from 23 countries, as well as major chip manufacturing companies including Foxconn, Micron, AMD and IBM.
The Semicon India event is a three-day event that will focus on the development of the semiconductor industry through business opportunities.
The event will also highlight the importance of innovation, participation and growth in the semiconductor industry.
The Indian semiconductor market was valued at $27.2 billion in 2021 and is expected to grow at 19% annually to reach $64 billion by 2026.
The Semicon India event is a significant step towards making India a global hub for semiconductor production.
