Chennai (Tamil Nadu) [India], September 16: Bahrain Economic Development Board (Bahrain EDB) has secured initial investment commitments valued at over USD 16 million from Polymatech to establish a semiconductor manufacturing facility in Bahrain's Industrial Area of Hidd.
The report stated that Prime Minister Narendra Modi has set an ambitious target for the electronics industry with an aim to expand the sector to USD 500 billion from its current USD 150 billion.
India should deepen its partnerships with countries like Taiwan and Japan to make its presence in the semiconductor ecosystem, says a a report by research firm Elara Securities.
New Delhi [India], September 12: MediaTek, a leading global fabless semiconductor company powering more than two billion connected devices yearly, hosted 'Catch-up with Tech - a Lifestyle Influencer Meet & Greet' in collaboration with Motorola and Flipkart on 10th September in New Delhi.
The three-day Semicon India 2024 conference that commenced Wednesday will showcase India's semiconductor strategy and policy which envisions making India a global hub for semiconductors.
Prime Minister Narendra Modi has set an ambitious USD 500 billion target for the country's electronics sector. At present, the electronics manufacturing sector is estimated to be about USD 150 billion, growing at a rapid pace over the past decade.
The central government will soon unveil the Semicon 2.0 program, having a much-expanded scope than the Semicon 1.0, announced Union Minister for Electronics and Information Technology on the sidelines of the Semicon India 2024 on Wednesday.
Uttar Pradesh Chief Minister Yogi Adityanath says state efforts to develop the electronic industry are yielding results. Mobile manufacturing units of UP are producing over 55 per cent of mobiles and over 50 per cent of mobile components, which are made in India.
Addressing the gathering, Modi emphasised, "This is the right time to be in India. Today's India inspires confidence in the world. When the chips are down, you can bet on India!"
"We have committed to developing a strong talent tool of 85000 engineers and technicians in the next 10 years, and we have delivered on a promise for this purpose already, 113 universities, academic institutions, and R&D organisations have been tied up, where semiconductor focused cou
The Semiconductor Executives, after meeting Prime Minister Narendra Modi, hailed the government's efforts for showing unprecedented enthusiasm for the development of the semiconductor ecosystem, saying that it is a "never-before-seen level of industry-government collaboration."
After meeting Prime Minister Narendra Modi ahead of the SEMICON India 2024 Summit, Sanjay Mehrotra, CEO of Micron, appreciated PM Modi's vision of developing semiconductors in India and said policies set up by him to incentivise semiconductor manufacturing in India are also very exciting.