During a meeting with representatives of the semiconductor industry of the US, Nirmala Sitharaman, finance minister invited them to make further investments in India.
Sitharaman spoke about opportunities for companies situated in Silicon Valley and about the government of India’s commitment to be a reliable player in the entire semiconductor value chain with dedicated incentive for the sector in mission mode through the Indian Semiconductor Mission.
During the roundtable with industry leaders from the semiconductor ecosystem, including design, manufacturing, equipment, technology and systems in San Francisco, the participants informed the finance minister that they have substantially scaled their capabilities in India in the last few years and are actively collaborating with academia for research and development (R&D).
