Prime Minister Modi Chairs Semiconductor Executives’ Roundtable, Highlights India’s Growing Role in Global Supply Chain.

New Delhi:

Prime Minister Narendra Modi chaired the Semiconductor Executives’ Roundtable at his residence today, where he underscored the crucial role of semiconductors in the Digital Age and India’s potential as a key player in the global semiconductor supply chain.

During the meeting, Modi emphasized the synergy between democracy and technology in advancing human welfare, and assured a stable and predictable policy environment to support the industry. He highlighted India’s capability to become a trusted partner in a diversified semiconductor supply chain, focusing on developing a skilled workforce and globally competitive products.

CEOs from leading semiconductor companies praised India’s commitment to the sector, noting a significant shift of industry focus towards India. They expressed strong confidence in the country’s business environment, describing it as unprecedented and expressing a unanimous consensus on India’s potential as a prime investment destination.

The meeting included representatives from major organizations such as SEMI, Micron, NXP, and several leading universities, reflecting a broad spectrum of support and enthusiasm for India’s role in the semiconductor industry.