India's ascent as a global hub for semiconductor technology

Narendra Modi

10 Sept 202403:04

Summary

TLDRThe video script highlights the pivotal role of semiconductors in shaping the modern digital world, emphasizing India's strategic move to bolster its semiconductor ecosystem. Under Prime Minister Narendra Modi's visionary leadership, the 'Semicon India' program, with an investment outlay of ₹76,000 crore, offers significant fiscal support for fabs and research, aiming to create a robust global supply chain. The program has already attracted over ₹152,000 crore in investments, showcasing India's commitment to becoming a key player in the trusted semiconductor value chain, with partnerships with leading nations and a focus on workforce development and R&D.

Takeaways

📱 **Semiconductors are essential**: They are the tiny components that power everything from smartphones to satellites, forming the foundation of the tech industry.
🌟 **Foundational industry**: Semiconductors are crucial for the digital transformation and are considered the backbone of modern technology.
🔗 **Job multiplier effect**: The semiconductor industry has a significant economic impact, with a 5 to 6 times job multiplier effect on downstream industries.
🏗️ **Overcoming challenges**: India has addressed historical challenges to develop a robust semiconductor ecosystem over the past 60 years.
🌐 **Visionary leadership**: The vision of Prime Minister Narendra Modi has been instrumental in transforming the semiconductor industry in India.
💼 **Semicon India program**: With an investment of ₹76,000 crore, this program provides substantial fiscal support for various semiconductor facilities and workforce development.
🏫 **Education and training**: Over 200 institutes are offering specialized courses in semiconductor technologies to develop a skilled workforce.
🤝 **Global partnerships**: The Indian government is collaborating with global players to develop skilled professionals and research institutions.
💹 **Attracting investments**: India has attracted over ₹152,000 crore ($18 billion) in investments, showcasing its potential in the global semiconductor market.
🌟 **Semicon India 2024**: This event will offer a platform for comprehensive exhibitions, insightful programs, and networking opportunities for industry leaders.
🔄 **Resilient supply chain**: India aims to lead a global semiconductor supply chain that is robust against disruptions.

Q & A

What role do semiconductors play in modern technology?
-Semiconductors are the foundational industry of all tech-driven transformation, forming the backbone of our modern digital infrastructure.
How does the semiconductor industry impact job creation?
-The semiconductor industry has a 5 to six times job multiplier effect on the downstream industry.
What is the vision behind the 'Semicon India' program?
-The 'Semicon India' program, under the leadership of Prime Minister Narendra Modi, aims to overcome past challenges and establish India as a key player in the global semiconductor ecosystem.
What is the financial outlay of the 'Semicon India' program?
-The 'Semicon India' program has an outlay of 76,000 crore Indian Rupees.
What types of facilities does the 'Semicon India' program support?
-The program offers 50% upfront fiscal support for Semiconductor Fabs, display Fabs, and facilities for compound semiconductors, silicon photonics, sensors, discretes, and semiconductor packaging.
How is the 'Semicon India' program contributing to workforce development?
-Over 200 institutes are offering specialized courses in semiconductor technologies as part of the 'Semicon India' program.
What partnerships is the Government of India making to develop skilled professionals?
-The Government of India is partnering with global players to develop skilled professionals in the semiconductor sector.
What investments are being made in research and development under the 'Semicon India' program?
-Significant R&D investments from industry players are being made under the 'Semicon India' program to develop world-class research institutions.
How much investment has India attracted in the semiconductor sector?
-India has attracted over 152,000 crore Indian Rupees or US$18 billion in investments.
What is the significance of the partnerships with leading countries in the 'Semicon India' program?
-India has been partnering with leading countries like the US, EU, Japan, and Singapore to understand and enhance its role in the global trusted semiconductor value chain.
What can attendees expect at 'Semicon India 2024'?
-Semicon India 2024 will offer comprehensive exhibitions, insightful programs, and unmatched networking opportunities among semiconductor industry leaders.

Outlines

00:00

📱 The Rise of Semiconductors in Modern Technology

This paragraph emphasizes the critical role of semiconductors in contemporary electronics, from smartphones to satellites. It highlights the transformative impact of semiconductors on the tech industry and their foundational importance to our digital infrastructure. The paragraph also underscores the economic benefits, with semiconductors having a significant job multiplier effect on downstream industries. It discusses the historical challenges faced by the semiconductor industry and how, under the visionary leadership of Prime Minister Narendra Modi and the 'Semicon India' program, these challenges are being overcome. The program, with an investment outlay of 76,000 crores, offers substantial fiscal support for various semiconductor facilities and is fostering workforce development through partnerships with over 200 institutes. It also mentions the collaboration with global entities and the significant investments attracted, positioning India to lead in the global semiconductor supply chain.

Mindmap

Keywords

💡Semiconductors

Semiconductors are materials that have electrical conductivity between that of a conductor and an insulator. They are the foundational components of modern electronics, including smartphones and satellites. In the video, semiconductors are highlighted as the backbone of the digital infrastructure, essential for the technological transformation of our world.

💡Job Multiplier Effect

The job multiplier effect refers to the ability of a particular industry to create jobs in other sectors of the economy. The video mentions that the semiconductor industry has a 5 to six times job multiplier effect on the downstream industry, indicating that for every job created in semiconductor manufacturing, several more jobs are created in related industries.

💡Digital Infrastructure

Digital infrastructure encompasses the technological systems and services that support the functioning of the digital economy, such as telecommunications networks, data centers, and cloud computing. The video positions semiconductors as the backbone of this infrastructure, emphasizing their importance in enabling the digital age.

💡Semicon India Program

The Semicon India Program is a government initiative aimed at promoting the semiconductor industry in India. The video highlights the program's investment outlay of rupees 76,000 CR and its support for various semiconductor facilities, showcasing India's commitment to becoming a key player in the global semiconductor ecosystem.

💡Fiscal Support

Fiscal support refers to financial assistance provided by the government to stimulate economic activity. The video mentions that the Semicon India Program offers 50% upfront fiscal support for the establishment of semiconductor fabs and other facilities, which is a significant incentive to attract investment and development in the sector.

💡Workforce Development

Workforce development involves activities and strategies that enhance the skills and capabilities of the workforce. The video notes that over 200 institutes are offering specialized courses in semiconductor technologies under the Semicon India Program, highlighting the focus on developing a skilled workforce to support the industry.

💡Global Players

Global players in the context of the video refer to leading international companies and organizations in the semiconductor industry. The Indian government is partnering with these players to develop skilled professionals and conduct significant R&D, indicating a move towards international collaboration and knowledge exchange.

💡Research Institutions

Research institutions are organizations dedicated to conducting research and advancing knowledge in specific fields. The video mentions the development of world-class research institutions as part of the Semicon India Program, emphasizing the importance of innovation and research in driving the semiconductor industry.

💡Investments

Investments in the context of the video refer to the financial capital allocated to develop the semiconductor industry in India. The video states that India has attracted over rupees 152,000 CR or US$18 billion in investments, underscoring the significant financial commitment to the sector's growth.

💡Global Supply Chain

A global supply chain is a network of organizations, people, activities, information, and resources involved in moving a product or service from the supplier to the end consumer. The video discusses India's ambition to spearhead a global semiconductor supply chain that is resilient to disruptions, highlighting the country's strategic role in ensuring the stability of the global technology ecosystem.

💡Disruptions

Disruptions in the context of the video refer to unforeseen events or changes that can interrupt the normal flow of operations in a supply chain. The video emphasizes the goal of creating an 'unshakable' semiconductor supply chain, suggesting a focus on building resilience and robustness against potential disruptions.

Highlights

Semiconductors are the foundational industry of all tech-driven transformation.

Semiconductors have a 5 to 6 times job multiplier effect on the downstream industry.

India's digital infrastructure is backed by the development of the semiconductor ecosystem.

Under Prime Minister Narendra Modi's leadership, India's semiconductor industry has seen significant progress.

The semicon India program offers 50% upfront fiscal support for various semiconductor facilities.

The program has an outlay of rupees 76,000 CR to support the semiconductor industry.

Over 200 institutes are offering specialized courses in semiconductor technologies.

The government of India is partnering with global players to develop skilled professionals.

World-class research institutions are being developed under the semicon India program.

Significant R&D investments from industry players are being made.

India has attracted over rupees 152,000 CR or US$18 billion in investments.

India is partnering with leading countries like the US, EU, Japan, and Singapore in the semiconductor industry.

Semicon India 2024 will offer comprehensive exhibitions and insightful programs.

The event will provide unmatched networking opportunities among semiconductor industry leaders.

India aims to spearhead a global semiconductor supply chain that is resilient to disruptions.