Prime Minister Narendra Modi inaugurated SEMICON India 2024 today, underscoring India’s commitment to creating resilient supply chains and integrating democratic values with technological advancements. The event, held at the India Expo Centre in Greater Noida, brought together industry leaders, policymakers, and technology experts to discuss the future of the semiconductor sector and its global implications.
In his keynote address, PM Modi reflected on the lessons learned from the disruptions caused by the COVID-19 pandemic, emphasizing the need for robust and resilient supply chains to safeguard against future challenges. “The pandemic highlighted vulnerabilities in global supply chains, and it is imperative that we build systems that are resilient and adaptable,” Modi stated. “Our goal is to strengthen these supply chains to ensure stability and reliability in the face of global disruptions.”
Modi also stressed the importance of integrating democratic values with technological progress. He articulated a vision where technological advancements are aligned with principles of transparency, accountability, and inclusivity. “As we advance our technology sector, we must ensure that our democratic values are embedded in every step of this journey,” he said. “Technology should serve to enhance the well-being of all and foster positive societal impacts.”
Highlighting India’s burgeoning semiconductor ecosystem, Modi noted that the country’s growing capabilities in this field are poised to address critical global challenges. He pointed out that India’s focus on developing a strong semiconductor industry not only aims to boost domestic production but also to contribute meaningfully to global technological solutions.
The SEMICON India 2024 conference serves as a crucial platform for discussing advancements in the semiconductor sector and exploring collaborative opportunities to tackle global technology challenges. The Prime Minister’s address reaffirmed India’s strategic commitment to becoming a key player in the global semiconductor market while upholding democratic values and fostering resilient supply chains.
As India continues to expand its semiconductor industry, the emphasis on resilience and democratic principles is expected to play a pivotal role in shaping the future of technology and its impact on society.
