Business
If oil was the regulator of the last century, the microchip will be the regulator of this century. With this thought in mind, India decided to move forward rapidly in the semiconductor sector – Narendra Modi, Prime Minister
The inauguration of the US-based company’s ATMP (Assembly, Testing, Marking and Packaging) plant — the first such facility in the country –reflects a deep partnership between India and the United States, he said.
Picture : @ani_digital/X
Prime Minister Narendra Modi inaugurated Micron Technology’s semiconductor plant at Sanand in Gujarat, and said that after being known for its strength in software, the country is “firmly establishing its identity” in the hardware sector too.
The inauguration of the US-based company’s ATMP (Assembly, Testing, Marking and Packaging) plant — the first such facility in the country –reflects a deep partnership between India and the United States, he said.
The message has reached the world loud and clear: India is capable, India is competitive and India is committed, Modi said.
India’s message for global investors is “India is ready, India is reliable, and India delivers,” and both dynamic market and global opportunities await investors in the country, the prime minister added.
“India, long known for its software strength, is now firmly establishing its identity in the hardware sector as well,” he said.
India-US Collaboration in Semiconductor Technology
The prime minister said the event is a testament to the strong cooperation and collaboration between India and the US, especially in the areas of AI and chip technologies where the partnership between the two countries is very important.
“The world witnessed a period of industrial revolution throughout the 20th century. During that time, countries that were ahead in factories, machines, and mass production made rapid progress. But this is the century of the AI revolution, and semiconductors are the bridge to this change. The tiny chip is the medium connecting both the industrial revolution and the AI revolution,” he said.
“If oil was the regulator of the last century, the microchip will be the regulator of this century. With this thought in mind, India decided to move forward rapidly in the semiconductor sector,” Modi said, noting that the country announced its Semiconductor Mission at a time when the world was battling COVID.
“During the pandemic, everything felt like it was falling apart, but the seeds we planted with conviction are now growing and bearing fruits,” the PM further said.