UP Hosts Global Semiconductor Event: PM Modi Inaugurates SEMICON India 2024, Aims For India-Made Chips In Every Device

Prime Minister Narendra Modi inaugurated SEMICON India 2024 today (September 11) at the India Expo Mart in Greater Noida, Uttar Pradesh, under the theme ‘Shaping the Semiconductor Future'.

Along with Uttar Pradesh Chief Minister Yogi Adityanath, PM Modi also toured an exhibition at the event.

The Uttar Pradesh government is actively working to position itself as a hub for semiconductor manufacturing, with the state already receiving four to five proposals involving investments totalling Rs 40,000 crore.

Earlier this year, the state introduced the Uttar Pradesh Semiconductor Policy 2024, which includes various incentives to attract investment.

As per recent developments, Sector-10 of the Yamuna Expressway Industrial Development Authority (YEIDA) has been identified as a potential location for semiconductor plants.

He said, "This is the right time to be in India. You are at the right place at the right time. In the 21st century's India, the chips are never down. Today's India assures the world that when the chips are down, you can bet on India."

The PM also revealed that over Rs 1.5 lakh crore has already been committed for semiconductor manufacturing, with several projects in the pipeline.

"Our dream is to have Indian-made chips in every device across the globe," he added, emphasising India's reform-driven government, expanding manufacturing base, and technology-focused market.

The three-day event will feature the participation of global semiconductor industry leaders, companies, and experts.

Over 250 exhibitors and 150 speakers from 17 countries, including prominent representatives from the India Semiconductor Mission, Tata Electronics, Micron, Texas Instruments, Cadence, and IBM, will be participating and showcasing advancements in the semiconductor ecosystem.