1. PM Modi launches new chip production facilities, aims for semiconductor dominance by 2030

PM Modi launches new chip production facilities, aims for semiconductor dominance by 2030

India

  • Prime Minister Narendra Modi inaugurated chip production facilities for Suchi Semicon in Gujarat and CDIL in Punjab.
  • Speaking at SEMICON India in Delhi, he said India is taking every chance to become a preferred chip destination.
  • This initiative supports India's broader objective to enhance local manufacturing capabilities and decrease reliance.
  • Modi said the semiconductor sector's growth is anticipated to generate substantial employment opportunities and stimulate.

Source: thehindu.com

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