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India's $500B Semiconductor Ambition: PM Modi's Vision for a Global Chip Powerhouse by 2030

2024 • 3min • News • Business

Informative

Published on: September 12, 2024 - India is set to become a global semiconductor powerhouse, with Prime Minister Narendra Modi projecting a $500-billion domestic electronics market by 2030. At the Semicon India event, PM Modi outlined India’s comprehensive strategy, which includes training over 85,000 experts and attracting top chipmakers like Tata Electronics, Micron, and NXP Semiconductors. With a revamped incentives package, international partnerships, and a focus on chip fabs, India aims to play a leading role in the global semiconductor supply chain. Watch to learn more about India's bold vision for the future!