New Delhi: Semicon India 2024, a three-day event, began Wednesday in Greater Noida. Entrepreneurs and traders were excited to present their products and engage with global business partners.
Many businesses at the show hailed Prime Minister Narendra Modi’s government’s first-of-its-kind initiative and advocated for it to become an annual event.
Some entrepreneurs said the Semicon India event helped them establish direct connections with their high-tech worldwide rivals and consumers. In contrast, others considered it a significant step forward in the Make in India drive.
Earlier on Wednesday, after inaugurating the Semicon event, PM Modi stated that it was a good moment to be in India because the government was delivering stable policies and making doing business easy for investors.
Speaking at the inauguration, PM Modi said: “I can say that this is the right time to be in India. You are at the right place at the right time. In India of the 21st century, the chips are never down. Today’s India makes the world believe that you can bet on India when the chips are down.”
A couple of traders spoke to IANS, explaining the importance of the Semicon event and what it would mean for their businesses.
SCT Solutions’ Nilesh Dhanraj said the event was the first of its kind in the country, and companies from across the world were participating in it.
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“This facilitates direct link between producers and consumers. We urge the government to organise more such events in the future,” he added.
Genetec’s Chinmaya Panchal said that such events should be organised not just once a year but also half-yearly or quarterly as such exhibitions help develop synergy between various stakeholders.
Win Chen of AGM group said that he was pleased to attend the SEMICON show.
“It was very impressive, many noted companies participated in the show,” he said.
Jayesh Panchang, a representative of Taiwan-based company AGM, said that after PM Modi inaugurated the event, the semiconductor industry should grow rapidly.
“We would be happy to be part of this journey,” he added.
Stonhard India, which manages clean rooms and conductive flooring for the semiconductor industry, supports PM Modi’s vision.
“This will give strength to the Made in India mission. Many global companies are taking part in it. Many stakeholders are coming under one roof, which will facilitate fast-paced growth,” said Stonhard India representative.
Arun Kumar Singh said that his company has been set to install 25 crore Smart meters.
“This will plug leakages in electricity distribution and will bring an end to power theft,” he said.
Notably, the Semicon India 2024 is being organised from September 11 to 13 with the theme ‘Shaping the Semiconductor Future’. The three-day conference will showcase India’s semiconductor strategy and policy, which envisions making India a global semiconductor hub.
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