NewzVille Desk
Prime Minister Narendra Modi, today, participated in the groundbreaking ceremony of HCL-Foxconn Semiconductor Unit in Uttar Pradesh, via video conferencing. The ceremony marks a historic milestone in India’s journey toward becoming a global semiconductor hub, following closely on the heels of the Global AI Impact Summit held in New Delhi.
Addressing the gathering, PM Modi stated that “Made-in-India” chips are the backbone of a Viksit Bharat, powering critical sectors from AI and 6G to Defense and EVs. To support this vision, he highlighted the Chips to Startup initiative, set to train 85,000 specialists, alongside Budget-led advancements like the Semiconductor Mission’s second phase and the establishment of Rare Earth Corridors for end-to-end R&D and manufacturing support.
As a Member of Parliament from Uttar Pradesh, the Prime Minister expressed immense pride in the state’s transformation. “UP is becoming a major center for the semiconductor ecosystem, which will bring design houses, R&D centers, and startup ecosystems to the region, creating vast employment opportunities for the youth”, Modi noted.
