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.
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.
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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.
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