How is PM Modi promoting India to chip makers and emphasizing supply chain resilience
PM Modi is advocating for India as a favorable destination for chip makers and highlighting the importance of supply chain resilience.
- PM Modi has been actively engaging with global chip makers to promote India as a preferred destination for semiconductor manufacturing.
- He is emphasizing India's large consumer market and skilled workforce as key attractions for chip manufacturers.
- PM Modi is advocating for policies to incentivize investment in the semiconductor industry, such as production-linked incentives and tax breaks.
- He is also stressing the need for supply chain resilience in the semiconductor sector, especially in the wake of global disruptions like the pandemic.
- PM Modi is focusing on strengthening India's domestic manufacturing capabilities to reduce dependency on imports and enhance self-sufficiency in critical technologies like semiconductor production.
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8 months ago