Announcements in tech space during PM’s US visit “big milestone” in India’s semiconductor growth story: MoS IT Chandrasekhar

The big announcements by players like Micron, Applied Materials and Lam Research during Prime Minister Narendra Modi’s US visit are a “significant and meaningful milestone” in expansion of semiconductor ecosystem in the country, Union Minister Rajeev Chandrasekhar said on Friday.

He also said the three proposals in the high tech arena strengthen the two countries’ resolve to shape the future of technology, products and services.

The announcements will create an estimated minimum 80,000 direct jobs, in addition to indirect jobs in supply chain, Chandrasekhar, who is Minister of State for Electronics and IT, said.