India's Path to Global Leadership: A Vision for Semiconductor Production and Green Jobs
Key Ideas
  • Prime Minister Modi announced India's potential to excel in semiconductor production, aiming to reduce import dependency and attract global investments.
  • He highlighted India's strides in telecommunications, boasting the rapid 5G rollout and aspirations for 6G technology advancement.
  • Modi emphasized India's goal to lead the global gaming market by promoting 'Made in India' gaming products and nurturing indigenous talent.
  • Addressing environmental concerns, the Prime Minister underscored India's commitment to the Green Hydrogen Mission for sustainable employment and combatting climate change.
Prime Minister Narendra Modi expressed India's readiness to emerge as a global leader in semiconductor production during his speech at the Red Fort. He urged state governments to attract investments by ensuring good governance and law enforcement. Modi emphasized reducing import dependency, citing the approval of three semiconductor plants as a step towards enhancing India's semiconductor industry. The Prime Minister also praised India's progress in telecommunications, highlighting the country's achievements in 5G technology and plans for 6G development. Additionally, Modi articulated ambitions for India to excel in the gaming industry, promoting 'Made in India' gaming products. He also commended the strength of Indian banks due to significant reforms. Modi celebrated the growth of start-ups in the space sector, attributing it to reforms that liberated the industry. He stressed the importance of 'Design in India, Design for the World' and reiterated efforts to make India a skill capital. Lastly, Modi focused on green jobs and the Green Hydrogen Mission, affirming India's commitment to combatting climate change and generating sustainable employment opportunities.
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