PM Narendra Modi Lays Foundation stone for 3 semiconductor facilities worth about Rs.1.25 lakh crores
13 March 2024: Prime Minister, Narendra Modi addressed ‘India’s Techade: Chips for Viksit Bharat’ program and laid foundation stone for three semiconductor projects worth about Rs.1.25 lakh crores via video conferencing today. The facilities inaugurated today are – Semiconductor fabrication facility at Dholera Special Investment Region (DSIR), Gujarat, Outsourced Semiconductor Assembly and Test (OSAT) facility at Morigaon, Assam and Outsourced Semiconductor Assembly and Test (OSAT) facility at Sanand, Gujarat.
Addressing the occasion, Prime Minister said that today’s historic occasion is a significant step towards a bright future for India as foundation stones are laid for three major Semiconductor manufacturing projects worth about Rs.1.25 lakh crores in Dholera and Sanand in Gujarat and Moregaon in Assam. “Today’s projects will play a key role in making India a semiconductor hub”, PM Modi said, as he congratulated the citizens for the key initiatives. He noted the virtual presence of semiconductor industry players from Taiwan and expressed excitement for today’s occasion.
Noting the centrality of electronic chips in the technology-driven 21st century, Prime Minister said that Made in India and Designed in India chips will play a major role in taking India towards self-reliance and modernization. Prime Minister said that after missing out on the first three industrial revolutions due to various reasons, India now is moving with an intention to lead Industry 4.0, the fourth industrial revolution. Stressing the need to utilize every second, the Prime Minister presented today’s event as an example of the speed with which the government is working. Prime Minister talked about the announcement of the semiconductor mission two years ago and within a few months first MoUs were signed and now the foundation stones for three projects are being laid. “India commits, India delivers and democracy delivers, said the Prime Minister.
Prime Minister underlined that only a handful of nations in the world are manufacturing semiconductors today and emphasized the need for a reliable supply chain after the disruptions caused by the coronavirus pandemic. He stated that India is keen to play a crucial role in this and highlighted the country’s tech space, nuclear and digital power.
Prime Minister informed that India is the second largest mobile manufacturer in the world today. Highlighting the initiation of India’s Quantum Mission, the establishment of the National Research Foundation to encourage innovation and the expansion of India’s AI Mission, the Prime Minister said that India is moving in the direction of technology advancement apart from technology adoption.
Prime Minister said that semiconductor research will benefit the youth the most. Touching upon the expanse of semiconductors over a vast range of industries, Prime Minister said, “Semiconductor is not just an industry but it opens a door filled with boundless potential.” PM Modi also pointed out the huge presence of Indian talent in global chip design and manufacturing. Therefore, the Prime Minister said, the talent ecosystem of India is completed as the nation moves forward today in the semiconductor manufacturing sector. He stated that the youth of today are well aware of the opportunities being created for them, be it space or mapping sector and mentioned opening up these sectors for the youth. He credited the unprecedented incentives and encouragement for India becoming the third largest startup ecosystem in the world and said that today’s occasion would create new opportunities for startups in the semiconductor space. He expressed confidence that the projects of today would provide numerous advanced technology jobs for the youth.
Union Minister for Electronics and Information Technology, Ashwini Vaishnaw, Union Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar, Chief Minister of Assam, Himanta Biswa Sarma, Chief Minister of Gujarat, Bhupendra Patel, Chairman of CG Power & Industrial Solutions Ltd., Vellayan Subbiah and Chairman of Tata Sons, Natarajan Chandrasekaran were present on the occasion among others.
