India aims to become key semi-conductor manufacturer: PM Modi at Sydney Dialogue

Categories: Politicians

       Prime Minister Narendra Modi on Thursday, November 18, said that India is building the world’s most extensive digital public information infrastructure. This is among the five important digital transitions taking place in India, he said. He also said that India is now focusing on hardware and aims to become a key semi-conductor manufacturer.

       PM Modi was delivering the keynote address at The Sydney Dialogue — an initiative of the Australian Strategic Policy Institute.

     “Over 1.3 billion Indians have unique digital identities. We have the world’s most efficient payment infrastructure, the UPI. Over 800 million Indians use the internet. India is one of the largest consumers of data per capita,” Modi said.

      Modi said the last transition in the digital sector was taking place in the form of investments in the development of the indigenous capabilities in the telecom industry, such as 5G and 6G. India is also one of the leading nations in artificial intelligence and machine learning, especially in their human-centred and ethical use.”

      Modi stressed that India’s space programme is vital to the country’s economy. “India has also emerged as a major centre for cybersecurity solutions. We have set up a task force with our industries to make India a global hub for cybersecurity,” he added.