Prime Minister Narendra Modi marked a milestone in India’s self-reliant tech journey by laying the foundation stone for the India Chip Limited semiconductor plant in Uttar Pradesh via virtual link. The ceremony highlighted the collaborative spirit driving national progress.
Dignitaries including CM Yogi Adityanath, Union Ministers Ashwini Vaishnaw and Jitin Prasada, HCL Chairperson Roshni Nadar, and Foxconn executive Bob Chen attended. PM Modi’s address delved into India’s semiconductor strategy and vision for a developed nation.
With no room for complacency, India is fast-tracking development, PM Modi said, referencing recent high-profile events that spotlighted India’s innovation prowess. The country is now a contender in global processing power, balancing software prowess with hardware manufacturing.
‘Uttar Pradesh will anchor the semiconductor ecosystem, and this factory by HCL and Foxconn will be its cornerstone,’ he proclaimed. It promises youth employment through ancillary ecosystems like R&D and startups. Kudos to UP’s leadership.
Dubbing it the Techade, PM Modi spotlighted investments in emerging tech domains. Ten Semiconductor Mission projects approved; four to commence operations shortly.
The chip crisis during COVID taught vital lessons: from oil to chips as wealth drivers. Atmanirbhar Bharat ensures uninterrupted advances in key sectors.
Global firms’ faith in India bolsters supply chain strength. India’s human capital shines, with ‘Chip to Startup’ targeting 85,000 skilled workers. Budget incentives amplify momentum.
Past decade’s triumphs: electronics 6x growth, exports 8x, mobile exports 100x. UP’s mobile dominance exemplifies change. From backwardness to booming infra and investments under dual governance.
PM Modi expressed thanks to industry partners and highlighted connectivity boosts like the new train corridor.