Prime Minister Narendra Modi delivered a powerful keynote address at the inauguration of SEMICON India 2024, highlighting the critical role of semiconductors in India’s digital infrastructure and its broader technological ambitions. The event, held at the India Expo Centre in Greater Noida, served as a platform for discussing India’s strategic advancements in the semiconductor sector.
In his speech, PM Modi emphasized that semiconductors are far more than just components; they are the backbone of India’s rapidly evolving digital infrastructure. “Semiconductors are not merely technology; they are the backbone of our digital framework,” Modi declared. “From Unified Payments Interface (UPI) systems to digital platforms, chips play a pivotal role in our daily lives and are central to our green transition goals.”
Modi also pointed out the integral role of semiconductors in powering essential technologies and supporting India’s digital economy. He highlighted the importance of these components in enabling innovations and infrastructure developments that underpin modern services and systems.
As demand for data centers continues to rise globally, Modi forecasted India’s significant role in the semiconductor industry. “With the growing need for data centers and technological advancements, India is poised to be a key player in the global semiconductor landscape,” he said. “Our expanding semiconductor capabilities will not only meet domestic needs but also contribute significantly to the global technology sector.”
The Prime Minister’s address underscored India’s commitment to advancing its semiconductor industry and leveraging these technologies for broader economic and environmental benefits. His remarks reflect a vision of India as a major hub for semiconductor production and innovation, aligning with the country’s broader goals of digital transformation and sustainable development.
The SEMICON India 2024 conference, featuring industry leaders, policymakers, and technology experts, highlights the nation’s strategic focus on strengthening its semiconductor sector. Modi’s comments reinforce the government’s dedication to building a robust technological ecosystem and ensuring that India remains at the forefront of global technological advancements.