Speaking to reporters ahead of the ground-breaking ceremony for the Micron semiconductor plant in Sanand, Gujarat, on Saturday, Chandrasekhar said, “It sends the signal about the growth and evolution of the semiconductor ecosystem in India to other prospective investors”.
It is a “decadal opportunity” that will also see growth and investment in the complex supply chain needed to support a semiconductor ecosystem, he added, and India is globally becoming a trusted partner.
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“For the digital economy’s target of being 20% of GDP in the coming years, tomorrow’s ground-breaking represents a big milestone,” he said.
“We will achieve in the next ten years what countries to our north have taken 20-25 years and spent $200 billion and not succeeded.”
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