Prime Minister, Shri Narendra Modi, inaugurated SemiconIndia 2023 in Gandhinagar, Gujarat. With the theme “Catalysing India’s Semiconductor Ecosystem” the conference aims to exhibit India’s semiconductor strategy and policy, with a vision to position the country as a global hub for semiconductor design, manufacturing, and technology development.
Semicon India 2023: Paving the Way for Semiconductor Sector Growth and Innovation in India
- The ‘Semicon India 2023‘ conference will emphasize investment opportunities in India’s semiconductor sector through informative presentations and stimulating panel discussions led by industry experts. The event aims to accelerate the progress of the semiconductor industry by facilitating networking, technology demonstrations, and lucrative business prospects.
- Throughout the three-day conference, which concludes on July 30, experts from various parts of the world specializing in semiconductor chip, display fab, chip design, and assembly will convene to share their insights on emerging opportunities in India.
- Prominent companies such as Foxconn, Micron, AMD, IBM, Marvell, Vedanta, LAM Research, NXP Semiconductors, ST Microelectronics, Grantwood Technologies, Infineon Technologies, and Applied Materials, among others, will actively participate in the event. With a strong emphasis on innovation, participation, and growth, this conference holds immense significance in shaping the future of the semiconductor industry, both in India and Gujarat.
Semiconductor Exhibition Inaugurated by Chief Minister Bhupendra Patel
On July 25, before the main event’s start, Chief Minister Bhupendra Patel inaugurated a six-day exhibition. This exhibition provides a glimpse into the intricate manufacturing process of semiconductors and highlights the latest cutting-edge technologies and innovations that are propelling the industry forward.
Major Boost to India’s Semiconductor Industry: Gujarat Government Signs Rs 22,500 Crore MoU with Micron Technology
The Gujarat government also signed a memorandum of understanding (MoU) valued at Rs 22,500 crore with semiconductor chip giant Micron Technology. The MoU aims to set up an advanced Assembly, Testing, Marking, and Packaging (ATMP) facility in the state. Under this MoU, the US-based firm will receive 50 percent fiscal support for the entire project cost from the Central Government, with the state government offering additional incentives amounting to 20 percent of the total expenditure.
Key takeaways for competitive examinations
- CEO of Micron Technology: Sanjay Mehrotra