Parul
Prime Minister Narendra Modi on Wednesday said when India commits, it delivers, referring to his government’s commitment to make the country a semiconductor manufacturing hub.
PM Modi was virtually addressing people after laying the foundation stone of three semiconductor facilities of about Rs 1.25 lakh crore, which include two in Gujarat and one in Assam. “This is a historic day as we are taking a strong step towards a bright future,” Modi said.
The ‘Made in India’ semiconductor chips will take the country towards self-reliance and modernity, he said. “When India commits, India delivers and democracy also delivers,” Modi said on the promise to make the country a semiconductor manufacturing hub.
He said the earlier governments committed scams of thousands of crores, but they could not invest thousands of crores for the development of the semiconductor industry. The three semiconductor projects launched on Wednesday include India’s first Fab facility at Dholera in Gujarat, Outsourced Semiconductor Assembly and Test (OSAT) facility at Sanand in the state, and an OSAT facility in Morigaon, Assam.
Commenting on the happening, Dr Ajai Chowdhry, Founder & Chairman, EPIC Foundation, Founder, HCL says India has accomplished a significant milestone that solidifies its position as a prominent participant in the worldwide semiconductor sector.
“It has been forty years since our initial conception of this goal; however, it continues to remain an unrealised expectation owing to the previous administration’s failure to acknowledge the potential of the semiconductor industry. Consequently, investment and strategic planning in this sector were delayed,” he said.
“Today, we are honoured to be guided by the visionary leader Narendra Modi, who personifies progressive thinking. His steadfast endorsement in closing the vulnerabilities instills confidence that we are in capable hands and that India is rapidly approaching the point where it can begin commercial production of semiconductor products and compete at a global level.” he added.
