Hon’ble Prime Minister Inaugurates Semicon India 2023 at Mahatma Mandir in Gandhinagar

Hon’ble Prime Minister Inaugurates Semicon India 2023 at Mahatma Mandir in Gandhinagar

Ira Singh
28 July’23

The much-awaited Semicon India 2023, the premier semiconductor industry event in the country, was inaugurated today with great enthusiasm and fervor by the Hon’ble Prime Minister at Mahatma Mandir convention center in Gandhinagar.

PM Modi who is on a two-day visit to Gujarat, will address the gathering at the ‘Semicon India 2023’, a three-day conclave organised by the Ministry of Electronics and Information Technology, showcasing India’s semiconductor strategy and development.

According to the PMO statement, the theme of the conference is ‘Catalysing India’s Semiconductor Ecosystem,’ and it will focus on ways to bring together global leaders from the industry, academia and research institutions.

Foxconn, Micron, AMD, IBM, Marvell, Vedanta, LAM Research, NXP Semiconductors, STMicroelectronics, and other prominent companies will be participating in the event, showcasing India’s significant progress in nurturing a global semiconductor manufacturing and design ecosystem, according to sources.

Minister of Electronics and Information Technology, Railways and Communication Ashwini Vaishnaw, Minister of External Affairs S Jaishankar and Minister of State for Electronics and IT, Skill Development, and Entrepreneurship Rajeev Chandrasekhar will also be present at the event,as per recent updates.

Ahead of the inaugural ceremony, Prime Minister Modi was seen getting demonstrations at the exhibition.

Renowned leaders in the semiconductor chip, display fab, chip design, and assembly industries will convene to discuss the burgeoning prospects in India.Anil Agarwal, Chairman of Vedanta Group, Sanjay Mehrotra, President, and CEO of Micron Technology, and Young Liu, Chairman of Foxconn, will also be present during the event, along with Gujarat Chief Minister Bhupendra Patel.

The Gujarat government has introduced the Semiconductor Policy (2022-2027) as a strategic initiative, demonstrating its dedication to promoting rapid and inclusive growth in the domestic semiconductor chip manufacturing sector.

Micron, a leading computer storage chip manufacturer, has revealed its intention to establish a semiconductor assembly and test plant in Gujarat, involving a significant investment of USD 2.75 billion (approximately Rs 22,540 crore).

The second edition of the event is being held in Gujarat, following the successful first edition held in Bengaluru last year, according to sources.

Semicon India 2023’ is all set to emerge as a prestigious platform, celebrating India’s prowess in the semiconductor domain. The inaugural programme of ‘Semicon India 2023’ will place a strong emphasis on exploring investment opportunities within India’s semiconductor sector. With an aim to revolutionize the semiconductor landscape, this initiative holds immense potential to foster accelerated and inclusive growth within the domestic semiconductor chip manufacturing sector.