The mango that broke a market
It is peak mango season in India. The Alphonso harvest is at its richest, the Kesar at its most fragrant.
Prime Minister Narendra Modi visited the Tokyo Electron Factory along with his Japanese counterpart Shigeru Ishiba on Saturday. Modi and Ishiba went to the training room and the production innovation lab, while also interacting with the top officials of the company.
Sharing details of his visit on X, the Prime Minister underscored that the semiconductor sector is among the key areas for cooperation between India and Japan.
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“In the last few years, India has made many strides in this sector. A lot of youngsters are getting associated with it as well. We seek to continue this momentum in the times to come,” he said.
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India has taken giant strides in the field of semiconductor production, with the country’s first Made-in-India chip set to hit global markets by the end of the year.
Earlier this month, Modi had highlighted the semiconductor factories that are being set up in the country. He also announced that the first domestically made semiconductor chip will be launched by the end of 2025.
Speaking at an event, Modi had also pointed out that semiconductor manufacturing in India could have started 50-60 years ago but the country missed the opportunity.
“…the same thing continued for many years to come. Today we have changed this situation. Semiconductor-related factories have started coming up in India. By the end of this year, the first Made in India chip will come in the market.” PM Modi said.
India and Japan have signed a cooperation pact in the field of semiconductor manufacturing.
Several joint projects are already underway, including an OSAT facility in Gujarat by Japanese semiconductor giant Renesas Electronics (RE) in partnership with CG Power, the Centre for Development of Advanced Computing (C-DAC) under the Chips to Startup programme.
In addition, Tokyo Electron’s strategic tie-up with Tata Electronics is another major initiative aimed at strengthening the semiconductor ecosystem in India.
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