India woos U.S. chip giants as it looks to become a semiconductor superpower
2023-07-29 09:34:19 source：CNBC
July 28, 2023
Chief executives of some of the U.S.’s top semiconductor firms poured praise on India’s technology sector at an event on Friday attended by Prime Minister Narendra Modi as the world’s fifth-largest economy looks to position itself as a global chip powerhouse.
The CEOs of Micron and Cadence and senior executives at Applied Materials and AMD were on stage at SemiconIndia alongside Modi, speaking about their investments in India’s chip market. Ajit Manocha, the CEO of U.S.-based industry body SEMI, was also in attendance.
“For the first time in India’s history, geopolitics, domestic policies and private sector capacity are aligned in India’s favor to become a player in semiconductor production,” Manocha said during a keynote speech.
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