Prime Minister Narendra Modi chaired a Semiconductor Roundtable with leading CEOs,heads and representatives from SEMI, Micron, Infineon, Applied Materials, ASML, Merck, Tokyo Electron Ltd, FujiFilm, AMD, Intel, Tata Electronics, Lam Research, Rapidus, NXP, Foxconn, Semi Conductor Devices, Advantest, Celesta Capital, CG Power and IBM Research, among others.
During the meeting, the Prime Minister highlighted the importance of close collaboration between the Government and the semiconductor industry in shaping India’s technology future. He highlighted India’s foundation of talent, technology adoption and infrastructure, and called for greater industry participation in skilling, innovation and emerging technologies such as AI and Quantum Computing. Referring to the target of training one crore people in AI, he said India’s talent pool, combined with the experience and capabilities of global industry leaders, can create significant opportunities.
The Prime Minister said India should aspire to be among the early leaders in emerging technologies. He noted the progress made in the semiconductor sector and said the ecosystem is now moving from foundational efforts to a phase of greater scale and opportunity.
He reiterated the Government’s commitment to a predictable and responsive policy environment, while highlighting that policies must evolve in line with technological advancements and industry requirements. He invited industry leaders to share suggestions on policy and administrative measures and stated that their inputs would be given due consideration. He encouraged industry leaders to actively participate in the next phase of India’s semiconductor growth.
The CEOs noted the Government’s efforts to develop India’s semiconductor capabilities, including progress made in manufacturing, design, infrastructure and talent development. They expressed confidence in the opportunities emerging under ISM 2.0 and in India’s potential to build capabilities across the semiconductor value chain, including manufacturing, R&D, advanced technologies and supporting industries.
They stated that the progress achieved in recent years has created a foundation for further industry participation and expressed their commitment to contributing to India’s emergence as a semiconductor and technology hub.
