ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Asia

Micron Technology chief Sanjay Mehrotra calls on PM Modi, discusses plans to bolster semiconductor manufacturing within India

Micron Technology Chief Sanjay Mehrotra on Friday called on Prime Minister Narendra Modi and discussed plans to bolster the semiconductor manufacturing ecosystem within India.

ANI Jul 29, 2023 01:45 IST googleads

Micron Technology's President and CEO Sanjay Mehrotra meets PM Narendra Modi in Gandhinagar (Image: PMO India)

Gandhinagar (Gujarat) [India], July 29 (ANI): Micron Technology Chief Sanjay Mehrotra called on Prime Minister Narendra Modi on Friday and discussed plans to bolster the semiconductor manufacturing ecosystem within India.
The Micron Technology Chief met the Prime Minister in Gujarat’s Gandhinagar
He is in India to attend the three-day 'SemiconIndia 2023' conference, which kicked off here on Friday.
The conference, its second edition, organised by India Semiconductor Mission in partnership with industry and industry associations, is aimed to make India a global hub for semiconductor design, manufacturing and technology development. SemiconIndia was held in Bengaluru last year.
The theme of the Conference is ‘Catalysing India’s Semiconductor Ecosystem’.
Regarding the meeting between the Micron Technology CEO and PM Modi, the Prime Minister's Office tweeted, “Mr. Sanjay Mehrotra, President and CEO of @MicronTech, met PM @narendramodi in Gandhinagar. They discussed Micron Technology's plans to bolster the semiconductor manufacturing ecosystem within India.”
It is not the first time that PM Modi has met the Micron CEO. Earlier in June, when PM Modi visited the US, the two had an excellent meeting.
"I had an excellent meeting with PM Modi. I am very impressed with the vision that he has for India and the advances that India is making. We discussed a wide range of topics and we really look forward to greater opportunities in India," Mehrotra said at that time.
Micron Technology, during PM Modi's US visit last month, announced its India investment plans. Micron Technology committed that it will invest up to USD 825 million to build a new semiconductor assembly and test facility in India with support from the Indian government.
Micron had said it selected Gujarat’s SANAND Industrial Park (Gujarat Industrial Development Corporation - GIDC) due to its manufacturing infrastructure, conducive business environment and firm talent pipeline.
Meanwhile, India and the US have signed a Memorandum of Understanding (MoU) recently on establishing the Semiconductor Supply chain during the India-USA 5th Commercial Dialogue 2023, which can help India realize its long-nurtured dream of becoming a hub for electronic goods.
The MoU seeks to establish a collaborative mechanism between the two governments on semiconductor supply chain resiliency and diversification in view of the US's CHIPS and Science Act and India's Semiconductor Mission.
The US and China are giants in chip manufacturing. So, this pact with the US to strengthen cooperation in the semiconductor sector to facilitate commercial opportunities and the development of innovation ecosystems is likely to help India immensely.
It can help India align into a more central role in the global electronics supply chain. The crunch in semiconductors supply began during COVID-19 and went on to intensify in 2021. (ANI)

Get the App

What to Read Next

US

Trump describes Michigan synagogue attack as "terrible"

Trump describes Michigan synagogue attack as

Speaking at a Women's History Month event at the White House, the US president said he had been fully briefed on the situation and described the incident as "terrible."

Read More
US

FBI Director Kash Patel on Michigan Synagogue incident

FBI Director Kash Patel on Michigan Synagogue incident

"FBI personnel are on the scene with partners in Michigan and responding to the apparent vehicle ramming and active shooter situation out of Temple Israel Synagogue in West Bloomfield Township, Michigan. @FBIDetroit," Patel posted on X, adding that the bureau's FBI Detroit Field Office was involved in the response.

Read More
Asia

"India harnessed digital tools to expand...": MEA Secy (West)

George highlighted how digital tools and AI empower 1.4 billion Indians.

Read More
US

"FBI personnel assisting local authorities": Kash Patel

In a post on X, Patel said, "FBI personnel are providing assistance and working with local authorities responding to the shooting at Old Dominion University. We will update as able."

Read More
Asia

PM Modi speaks to Iranian President Pezeshkian

PM Modi speaks to Iranian President Pezeshkian

"Had a conversation with Iranian President, Dr. Masoud Pezeshkian, to discuss the serious situation in the region. Expressed deep concern over the escalation of tensions and the loss of civilian lives as well as damage to civilian infrastructure," PM Modi posted on X.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.