Lucknow: In a dramatic drive to promote Uttar Pradesh as a prominent participant in semiconductor manufacturing, the Yogi Adityanath-led government will host Semicon India 2024 from September 11 to 13 at the India Expo Mart in Greater Noida.
This event, held with SEMI, Messe Muenchen India, and the Electronic Industries Association of India-ELCINA, aims to raise India’s semiconductor sector and position the country as a major worldwide player.
Prime Minister Narendra Modi will officially open the event on September 11, and Chief Minister Yogi Adityanath will also attend.
The semiconductor business in India is quickly expanding, with projections indicating that the regional chip market could top $55 billion by 2026.
The Uttar Pradesh government proactively seeks investment from semiconductor companies to capitalise on this potential.
Semicon India 2024 will have a comprehensive expo from September 11 to 13, featuring cutting-edge advances in semiconductor technology. Manufacturers worldwide will present their ideas, offering a glimpse into the industry’s future.
The second day of Semicon India 2024 will cover essential topics such as cross-regional collaboration, flexible hybrid electronics, supply chain management, and sustainable industry practices.
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On the last day, September 13, attendees may expect a presentation from Micron on package production, a semiconductor fabrication boot camp hosted by ISA, and a review of the semiconductor industry’s growth from IESA.
This year’s Semicon India Exhibition and Conference will take place alongside Electronica India and Productronica India, Southeast Asia’s major electronics events. This historic event will bring together a diverse spectrum of domestic and foreign enterprises, providing an excellent opportunity to study India’s booming semiconductor sector and identify new business opportunities.
Semicon India 2024 will provide diverse exhibitions, events, and networking opportunities, allowing attendees to engage with local executives and government officials while learning about India’s semiconductor industry.
The India Semiconductor Mission, funded by major companies such as AMD, Applied Materials, and Micron Technology, seeks to increase domestic chip production.
The Yogi Adityanath government vigorously markets Uttar Pradesh as a semiconductor manufacturing powerhouse that aligns with this national strategy. The recently implemented UP Semiconductor Policy offers significant advantages, including a 50% additional capital subsidy, a 75% land refund, a 100% exemption from energy duty for ten years, and a 5% interest subsidy (up to Rs 7 crore).
Chief Minister Yogi Adityanath has asked investors to consider Uttar Pradesh’s potential. The state aims to become a $1 trillion economy.
Over the last seven years, Uttar Pradesh has emerged as a major electronics manufacturing region, with over 200 companies and a commanding 65 percent share of India’s mobile production. The state is now focussing on extending its role in the fabless semiconductor business, taking advantage of its vast rail network and improving airport infrastructure, particularly the upcoming Noida International Airport. These developments make Uttar Pradesh more appealing to high-tech firms and worldwide chip design and R&D organisations.
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–IANS
