PM Modi on Article 370
With a focus on attracting investments in India’s nascent semiconductor ecosystem, the three-day ‘SemiconIndia 2023’ conference kicked off here on Friday in the presence of Prime Minister Narendra Modi.
The conference, its second edition, organised by India Semiconductor Mission in partnership with industry and industry associations, is aimed to make India a global hub for semiconductor design, manufacturing and technology development. Semicon India was held in Bengaluru last year. The theme of the Conference is ‘Catalysing India’s Semiconductor Ecosystem’.
On the first day of the conference, American multinational semiconductor Advanced Micro Devices (AMD) announced it will invest approximately USD 400 million in India over the next five years.
The planned investment includes a new AMD campus in Bengaluru that will serve as the company’s largest design and R&D centre. It intends to add about 3,000 new engineering roles by the end of 2028 in India.
It started operations in India in 2001 when the company’s first site was established in New Delhi and has now about 6500 employees here.
Earlier, addressing the gathering, PM Modi invited global semiconductor majors to come and invest in India, adding that whosoever comes forward will have a “first mover’s advantage.”
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