Published By : Admin | November 12, 2014 | 19:25 IST
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The Prime Minister ShriNarendraModi had six meetings today at Nay Pyi Taw, in addition to the India-ASEAN Summit. He met the Prime Minister of Malaysia Mr. NajibRazak, the Prime Minister of Thailand Gen Prayut Chan-o-cha, the Prime Minister of Singapore Mr. Lee HsienLoong, the Sultan of Brunei Haji HassanalBolkiah and the President of the Republic of Korea Ms Park Geun-hye. He also met DawAung San SuuKyi.
The Prime Minister used the opportunity, which was his first meeting with these leaders, to explain his views on how he sees India progressing, and to seek their cooperation for the same. The Prime Minister expressed India’s openness to ideas and views. He referred to the possibility of cooperation between India and the ASEAN countries in the field of solar energy. He stressed on the need for India and ASEAN to collaboratively tackle terrorism, drug-trafficking and gun-running. He specifically mentioned the example of security intelligence sharing between India and Malaysia, and said this was a model which could be followed with other ASEAN member countries as well.
The Prime Minister sought cooperation from Malaysia in the field of public housing. The Prime Minister expressed keenness to work closely with Singapore in the field of urban renewal. The Korean side expressed keenness to share its proven industrial competence with India, especially in infrastructure.
The Prime Minister, in his meeting with DawAung San SuuKyi, described her as a symbol of democracy, and referred to the enormous effort and sacrifice she has made for democracy. DawAung San SuuKyi described India as her second home. The Prime Minister gifted DawAung San SuuKyi a copy of Mahatma Gandhi’s commentary on the Bhagavad Gita.
PM emphasises that democracy and technology together can ensure the welfare of humanity
PM underscores that India has the capability to become a trusted partner in a diversified semiconductor supply chain
PM assures that the government will follow a predictable and stable policy regime
CEOs appreciate the suitable environment for the industry in country saying centre of gravity of the semiconductor industry is starting to shift towards India
Expressing confidence in the business environment, CEOs say there is unanimous consensus in the industry that India is the place to invest
CEOs mention that enormous opportunities present in India today were never seen earlier
Prime Minister Shri Narendra Modi chaired the Semiconductor Executives’ Roundtable at his residence at 7, Lok Kalyan Marg earlier today.
During the meeting, Prime Minister said that their ideas will not only shape their business but also India’s future. Mentioning that the coming time will be technology driven, Prime Minister said semiconductor is the basis of the Digital Age and the day is not far when the semiconductor industry will be the bedrock for even our basic necessities.
Prime Minister emphasised that democracy and technology together can ensure the welfare of humanity and India is moving ahead on this path recognizing its global responsibility in the semiconductor sector.
Prime Minister talked about the pillars of development which include developing social, digital and physical infrastructure, giving boost to inclusive development, reducing compliance burden and attracting investment in manufacturing and innovations. He underscored that India has the capability to become a trusted partner in a diversified semiconductor supply chain.
Prime Minister talked about India’s talent pool and the immense focus of the government on skilling to ensure that trained workforce is available for the industry. He said that India’s focus is to develop products which are globally competitive. He highlighted that India is a great market for investing in hi-tech infrastructure and said the excitement shared by the leaders of the semiconductor sector today will motivate the government to work harder for this sector.
Prime Minister assured the leaders that the Indian government will follow a predictable and stable policy regime. With the focus of Make In India and Make for the World, Prime Minister said that the government will continue to support the industry at every step.
The CEOs appreciated India’s commitment to the growth of the semiconductor sector and said that what has transpired today is unprecedented wherein leaders of the entire semiconductor sector have been brought under one roof. They talked about the immense growth and future scope of the semiconductor industry. They said the centre of gravity of the semiconductor industry is starting to shift towards India, adding that the country now has a suitable environment for the industry which has put India on the global map in the semiconductor sector. Expressing their belief that what is good for India will be good for the world, they said India has amazing potential to become a global power house in raw materials in the semiconductor sector.
Appreciating the business friendly environment in India, they said that in the world of complex geopolitical situation, India is stable. Mentioning their immense belief in India’s potential, they said there is unanimous consensus in the industry that India is the place to invest. They recalled the encouragement given by the Prime Minister in the past as well and said the enormous opportunities present in India today were never seen earlier and they are proud to partner with India.
The meeting was attended by CEOs, Heads and representatives of various organisations including SEMI, Micron, NXP, PSMC, IMEC, Renesas, TEPL, Tokyo Electron Ltd, Tower, Synopsys, Cadence, Rapidus, Jacobs, JSR, Infineon, Advantest, Teradyne, Applied Materials, Lam Research, Merck, CG Power and Kaynes Technology. Also present in the meeting were Professors from Stanford University, University of California San Diego and IIT Bhubaneswar.
