Prime Minister Narendra Modi will inaugurate 'Semicon India 2023', a premier showcase of India's semiconductor capabilities and chip design innovation at Gandhinagar. With the participation of companies like Foxconn, Micron, AMD, IBM, Marvell, Vedanta, LAM Research, NXP Semiconductors, STMicroelectronics, the mega event will shine a light on India's rapid strides towards fostering global semiconductor manufacturing and design ecosystem.

The event will offer deep insight into cutting-edge technologies and innovations in chip-making and will bring together the biggest names in the semiconductor and technology industry. "The Ministry of Electronics and Information Technology is poised to make significant strides in revolutionising the semiconductor landscape in India with the inauguration of 'Semicon India 2023' in Gandhinagar, by Prime Minister Narendra Modi," according to a statement.

Prior to the commencement of the main event, an exclusive exhibition would be inaugurated by Gujarat Chief Minister Bhupendra Patel. The exhibition promises to offer visitors a comprehensive insight into the leading-edge technologies and innovations driving the semiconductor industry. For aspiring students, this platform presents a valuable opportunity to gain in-depth knowledge about semiconductor manufacturing, fostering a pathway to a rewarding career in this field.

Minister of Electronics and Information Technology, Railways and Communication Ashwini Vaishnaw, Minister of External Affairs Subrahmanyam Jaishankar, and Minister of State for Electronics and IT, Skill Development and Entrepreneurship Rajeev Chandrasekhar will also be present at the Semicon India 2023. Industry leaders and heads of semiconductor companies will also participate in the event.

The inaugural programme will highlight investment opportunities in India's semiconductor sector. "Semicon India, a prestigious national-level event, promises to be a catalyst for the semiconductor industry's progress through invaluable networking, technology demonstrations, and lucrative business prospects. With a strong focus on innovation, participation, and growth, this event holds immense significance in shaping the future of the semiconductor industry in both India and Gujarat," the statement said.

Global stalwarts in semiconductor chip, display fab, chip design, and assembling, will gather to share their perspectives on emerging opportunities in India. The Gujarat Government unveiled the Semiconductor Policy (2022-2027) - a strategic initiative that reflects the state's commitment to fostering accelerated and inclusive growth within the domestic semiconductor chip manufacturing sector. Computer storage chip maker Micron has announced plans to set up a semiconductor assembly and test plant in Gujarat entailing a total investment of USD 2.75 billion (around Rs 22,540 crore).