HIGHLIGHTING a shift in the global technology landscape, Prime Minister Narendra Modi said on Saturday that India is rapidly becoming a part of the global semiconductor value chain.
He said the inauguration of Micron’s semiconductor facility marks a milestone in India’s journey towards technology leadership.
“The beginning of commercial production in this ATMP facility of Micron will strengthen India’s role in the global value chain. India is rapidly becoming a part of the global semiconductor value chain,” he said
“This is the century of AI revolution. The semiconductor is a major bridge of this revolution… If oil was the regulator of the last century, the microchip will be the regulator of this century,” he added.
He said the event also symbolizes the strong collaboration and partnership between the USA and India.
“This is crucial, especially in the fields of AI and chips… The entire world is striving to secure the supply chains for these two technologies, and the world’s two largest democracies are working towards this end. The Pax Silica initiative between the US and India during the AI Summit is another step in this direction. Our combined efforts will make the global supply chain of essential minerals more secure and reliable,” he said. — ANI