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Semicon India Conference-2022: Full text of PM Modi's speech

The conference was intended to serve as a launchpad for India to become a worldwide semiconductor hub. PM Modi said semiconductors are playing a critical role in more ways that one can imagine.

April 29, 2022 / 02:27 PM IST
Prime Minister Narendra Modi (File image)

Prime Minister Narendra Modi (File image)

While inaugurating a three-day Semicon India Conference-2022 in Bengaluru on April 29, Prime Minister Narendra Modi India said India is headed for a robust economy and the country's consumption of semiconductors is expected to cross $110 billion by 2030 and has the world's fastest growing start-up ecosystem.

He also stated six reasons why semiconductor investments should consider India.

The conference was intended to serve as a launchpad for India to become a worldwide semiconductor hub. PM Modi said semiconductors are playing a critical role in more ways that one can imagine. “Collective aims to establish India as a key partner in global semiconductor supply chains,” he said.

Here is the full text of his speech: