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Washington: Finance<\/a> Minister Nirmala Sitharaman on Monday held a meeting with representatives of the semiconductor industry<\/a> of the US and invited them to make further investments in India. The Finance Minister 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<\/a>.
Last year, the government approved a Rs 76,000-crore scheme to boost semiconductor and display manufacturing<\/a> in the country in a bid to position India as a global hub for hi-tech production, and attract large chip makers.
Incentives have been lined up for companies engaged in silicon semiconductor fabs, display fabs, compound semiconductors, silicon photonics, sensor fabs, semiconductor packaging and semiconductor design.
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 also collaborating with Academia for R&D.
\"The participants also mentioned that in view of global supply chain disruptions, they need to review overreliance of supply chain in certain jurisdictions and with the right policies and talent in place, next decade will belong to India,\" the finance ministry said in a tweet.
Participating in the meeting Devinder Kumar, Chief Financial Officer and Treasurer of AMD spoke about the company's growth in India and how India is poised to grow strongly with the vision of Atmanirbhar Bharat<\/a> driving it.
Western Digital, Senior Vice President, Corporate Business Development Dan Steere said the company is excited to explore opportunities with the government of India to expand manufacturing in the Indian market.
Manish Bhatia, executive vice president of global operations at Micron Tech said the USD 10 million scheme by the government would encourage semiconductor manufacturing<\/a> in India.
The Finance Minister also met Uber CEO Dara Khosrowshahi, who gave a snapshot of the company's investment<\/a> in India and expansion plan.
During the meeting, he expressed his optimism about the company's growth in India across segments, and how the company is looking to quadruple the number of drivers on the platform to 2 million.
\"Finance Minister Smt. @nsitharaman acknowledged @Uber's expansion plans in India and said that technology plays an important role in strengthening transportation and mobility sectors as well as last mile connectivity,\" another tweet said.
\"Union Finance Minister Smt. @nsitharaman met with Mr Mark Widmar<\/a>, CEO, @FirstSolar, in San Francisco, today. They discussed about India's renewable energy<\/a> landscape and @FirstSolar's $700 million investment in India,\" a separate tweet said.
Widmar informed the Finance Minister that the company's plant will be operational shortly and this is their lowest-cost factory across jurisdictions with very low carbon footprint and recycles 90 per cent of the material.
He also said that India has been at the forefront of reforms made in the renewable energy sector and the government's new policy<\/a> facilitates companies to operate at a level-playing field. Opportunities around green hydrogen and sustainable energy were also discussed at length.<\/body>","next_sibling":[{"msid":91091277,"title":"Chip startups using light instead of wires gaining speed and investments","entity_type":"ARTICLE","link":"\/news\/chip-startups-using-light-instead-of-wires-gaining-speed-and-investments\/91091277","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"seoschemas":false,"msid":91091684,"entity_type":"ARTICLE","title":"FM invites US semiconductor players to make further investments in India; promises incentives","synopsis":"Last year, the government approved a Rs 76,000-crore scheme to boost semiconductor and display manufacturing in the country in a bid to position India as a global hub for hi-tech production, and attract large chip makers.","titleseo":"telecomnews\/fm-invites-us-semiconductor-players-to-make-further-investments-in-india-promises-incentives","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":1711,"shares":0,"engagementtimems":5220000},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2022-04-26 11:10:48","lastupd":"2022-04-26 11:27:05","breadcrumbTags":["semiconductor manufacturing","policy","finance","atmanirbhar bharat","widmar","semiconductor industry","display manufacturing","investment","renewable energy","indian semiconductor mission"],"secinfo":{"seolocation":"telecomnews\/fm-invites-us-semiconductor-players-to-make-further-investments-in-india-promises-incentives"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2022-04-26" data-index="article_1">
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调频半导体玩家邀请我们进行进一步投资在印度;承诺奖励
去年,政府批准了价值76000卢比的方案来提高半导体和显示国家的制造业,以印度作为全球高科技生产的中心位置,并吸引大芯片制造商。
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华盛顿:金融部长吧Sitharaman周一召开会议的代表半导体行业美国在印度和邀请他们进一步投资。财政部长谈到机会公司位于硅谷和印度政府的承诺是可靠的球员在整个半导体价值链的专用动力部门在任务模式中通过印度半导体的使命。
去年,政府批准了价值76000卢比的方案来提高半导体和显示制造业在这个国家,以印度作为全球高科技生产的中心位置,并吸引大芯片制造商。
激励已经排队了公司从事硅半导体晶圆厂,显示晶圆厂、复合半导体、半导体硅光子学、传感器芯片、半导体封装和设计。
在圆桌会议与半导体行业领导者的生态系统,包括设计、制造、设备、技术和系统在旧金山,参与者通知财政部长,他们大大扩展自己的能力在印度在过去的几年里,也与学术界合作研发。
“参与者还提到,针对全球供应链中断,他们需要审查供应链在某些司法管辖区的过度信赖和正确的政策和人才到位,未来十年将属于印度,”财政部在推特说。
参与会议Devinder Kumar,首席财务官和财务主管的AMD谈到公司的成长在印度和印度是如何将强劲增长的愿景Atmanirbhar巴拉特驾驶它。
西部数据公司,公司业务发展高级副总裁Dan Steere表示,该公司很高兴与印度政府的探索机会扩大生产在印度市场。
Manish Bhatia,全球业务的执行副总裁在微米科技表示,1000万美元的计划,政府将鼓励半导体制造在印度。
财政部长还会见了超级首席执行官Dara Khosrowshahi,谁给了公司的一个快照投资在印度和扩张计划。
会议期间,他表达了对公司增长的乐观情绪在印度各地段,以及该公司正寻求四司机200万年平台的数量。
“财政部长Smt。@nsitharaman @Uber在印度的扩张计划,并表示承认,技术扮演着一个很重要的角色,加强运输和移动领域以及最后一英里连接,”另一个推特说。
“联盟财政部长Smt。@nsitharaman会见了马克Widmar首席执行官,@FirstSolar,今天在旧金山。他们对印度的讨论可再生能源景观和@FirstSolar在印度投资7亿美元,”一个单独的推特说。
Widmar通知财政部长,公司的工厂将运营成本最低,这是他们的工厂在不久辖区与非常低的碳足迹和回收材料的90%。
他还说,印度一直站在改革的前沿在可再生能源领域和政府的新政策促进公司经营在一个公平的环境。机会在绿色氢和可持续的能源进行了讨论。
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