Prime Minister Narendra Modi has invited American chip maker Micron Technology to boost semiconductor manufacturing in India as the country provides competitive advantages in various parts of the product's supply chain.
India is promoting semiconductor development and is positioning itself as among the most attractive destinations in Asia for electronics and semiconductors, with a semiconductor market value of $27.2bn in 2021 and expected growth to $64bn in 2026. Modi also invited General Electric to play a greater role in the aviation and renewable energy sector in India.
PM Modi invites General Electric CEO to play bigger role in India s aviation, renewable energy sector firstpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from firstpost.com Daily Mail and Mail on Sunday newspapers.
Modi in his meeting here with President and CEO of Applied Materials Gary E Dickerson discussed the potential of the company s collaboration with academic institutions in India to create a skilled workforce.