Prime Minister Narendra Modi is set to inaugurate the highly anticipated Semicon India 2024 conference in Greater Noida today, signaling a significant step forward in India's quest to become a global hub for semiconductor manufacturing and innovation. The event, which is expected to attract top industry leaders, policymakers, and technology experts from around the world, highlights India's growing role in the global semiconductor landscape.

Semicon India 2024, organized by the Ministry of Electronics and Information Technology, is a flagship event designed to showcase India's potential in the semiconductor sector. The conference will focus on key areas such as chip design, manufacturing, supply chain management, and talent development. It will also feature discussions on policies and initiatives aimed at bolstering India's semiconductor ecosystem.

The event is set to feature keynote addresses from leaders of major global semiconductor companies, including Intel, TSMC, and Samsung, who are expected to discuss the future of the industry and the opportunities presented by India's growing market. Additionally, several significant announcements regarding new investments, collaborations, and initiatives in the semiconductor space are anticipated during the conference.

One of the key highlights of the event will be the unveiling of new government schemes aimed at further boosting domestic semiconductor production, including incentives for setting up manufacturing units, research and development facilities, and skilling programs to build a strong workforce for the industry.

In his inaugural address, PM Modi is expected to emphasize the role of the semiconductor industry in achieving the vision of "Atmanirbhar Bharat" (self-reliant India). The Prime Minister has repeatedly highlighted the need for India to reduce its dependency on imports and become a leader in high-tech manufacturing.