India capable to be trusted partner in semiconductor supply chain: PM Modi

Asserting that democracy and technology together can ensure the welfare of humanity, Prime Minister Narendra Modi on Tuesday said India has the capability to become a trusted partner in a diversified semiconductor supply chain and assured that the government will follow a predictable and stable policy regime.

Prime Minister Modi stated this while chairing the Semiconductor Executives' Roundtable at his residence at 7, Lok Kalyan Marg. During the meeting, he said that their ideas will not only shape their business but also India's future, a statement issued by the Prime Minister's Office said.

Stressing that the coming time will be technology-driven, Modi said semiconductor is the basis of the digital age and the day is not far when the semiconductor industry will be the bedrock for even basic necessities.

Prime Minister Modi emphasised that democracy and technology together can ensure the welfare of humanity and India is moving ahead on this path recognising its global responsibilit