Leading chipmakers including Foxconn, AMD, Micron, and IBM will be present at the Gandhinagar, Gujarat, Semicon India conference. 

The purpose of the event is to draw investment into the Indian chip sector and position it as a global centre for semiconductor production to compete with Taiwan and China.

“The event promises to be a catalyst for the semiconductor industry’s progress through invaluable networking, technology demonstrations, and lucrative business prospects,”, a release by the Gujarat government on the Semicon India event read.

“With a strong focus on innovation, participation and growth, the event holds immense significance in shaping the future of the semiconductor industry in both India and Gujarat,” the release further noted.

On July 28, Prime Minister Narendra Modi will launch the Semicon India conference, which will be attended by participants from 23 different nations. Additionally, Gujarat and Uttar Pradesh will have booths at the event where they will display the initiatives they have made to help the semiconductor sector.

Sanjay Mehrotra, the CEO of Micron, Young Liu, the chairman of Foxconn, and Mark Papermaster, the chief technology officer of Advanced Micro Devices are among the speakers scheduled for the three-day Semicon India conference.

According to a press statement from the Gujarat government, the event will feature participation from Foxconn, Micron, AMD, IBM, Marvell, Vedanta, Lam Research, NXP Semiconductors, STMicroelectronics, Grantwood Technologies, Infineon Technologies, Applied Materials, and other significant semiconductor industry participants.

The Gujarat government and US-based Micron Technology inked an MoU last month for the establishment of the company’s first factory there and an investment of about $825 million. According to Reuters, Micron’s first plant would be utilised for testing and packaging chips rather than producing them.

The Union government has made an announcement about a $10 billion incentive programme to encourage chip manufacture in the nation. Companies including Foxconn and Vedanta submitted ideas for the programme, but none of them have come to fruition as of yet.