PM Modi Initiates Semiconductor Projects in India
Prime Minister Narendra Modi lays the foundation for three semiconductor facilities, marking a significant step towards India's tech advancement.
- Prime Minister Narendra Modi laid the foundation stones for three semiconductor facilities in Gujarat and Assam, with a total investment of over Rs. 1.25 lakh crore.
- The initiative aligns with Modi's vision to transform India into a global hub for semiconductor design, manufacturing, and technology development.
- Tata Electronics Private Limited to establish India's first commercial semiconductor fabrication facility in Gujarat with an investment of more than ₹91,000 crore.
- Thousands of young people are expected to be employed in the semiconductor industry, stimulating job creation in related sectors like telecom and electronics.
- The program saw participation from students across 60,000 institutions, emphasizing the government's focus on engaging the youth in India's tech development.