Prime Minister Narendra Modi's US Visit: Boosting Indian Semiconductor Sector and Job Creation

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Driving Economic Growth and Technological Advancement through Semiconductor Investments in India

During Prime Minister Narendra Modi's recent visit to the United States, the semiconductor sector received significant attention, resulting in major investments that are expected to drive job creation in India. Union Minister of State for Electronics and IT, Rajeev Chandrasekhar, announced that these developments would lead to the creation of a minimum of 80,000 to 1 lakh (100,000) direct jobs, with additional indirect job opportunities in the supply chain.

Prime Minister Narendra Modi and representatives from Micron Technology discussing the new semiconductor assembly and test facility investment during his visit to the United States.


  • Micron Technology's Investment in Gujarat: Micron Technology, a US-based company, made a significant announcement during the visit, revealing plans to establish a new semiconductor assembly and test facility in Gujarat, India. With a projected investment of $2.75 billion, the facility will be set up in two phases. It is expected to create up to 5,000 direct jobs within the company and an additional 15,000 community jobs in the surrounding areas.


  • Applied Materials' Collaborative Engineering Center: Another notable announcement came from Applied Materials, a leading semiconductor company. They announced their intention to invest $400 million over four years to build a collaborative engineering center in India. This center will foster technological collaboration and contribute to the growth of India's semiconductor industry.


  • Lam Research's Training Program: Lam Research, a renowned US supplier of wafer-fabrication equipment and services, unveiled a comprehensive training program in India. The program aims to train and upskill up to 60,000 high-tech engineers, ensuring a skilled talent pool to support the expanding semiconductor industry in the country.


Job Creation and Future Opportunities:

These developments mark a significant milestone for India's semiconductor industry, offering tremendous job opportunities and future prospects. The Minister of State for Electronics and IT emphasized that these initiatives are just the beginning, as India establishes itself as a trusted partner in the global electronics and semiconductor value and supply chain. The semiconductor sector, along with emerging fields such as AI, quantum computing, and high-performance computing, holds immense potential for Indian youth to collaborate with US startups and research institutions on a global scale. This collaboration will shape the technology of the future and contribute to India's technological advancement.


Prime Minister Narendra Modi's US visit has resulted in substantial investments and job creation in the Indian semiconductor sector. Micron Technology's assembly and test facility, Applied Materials' collaborative engineering center, and Lam Research's training program represent significant milestones in India's semiconductor ecosystem. By capitalizing on these opportunities, India is positioning itself as a trusted partner in the global semiconductor industry, driving innovation and economic growth in the technology sector.




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