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CM Yogi Adityanath highlights UP's big strides in semiconductor industry.
Sep 11, 2024 01:44 pm
By
infodivyadelhi

Divya Delh: CM Yogi Adityanath praises UP's semiconductor progress.At the SEMICON India 2024 event at the India Expo Mart in Greater Noida on Wednesday, Uttar Pradesh Chief Minister Yogi Adityanath emphasized the state's semiconductor sector progress.Greeting industry executives and semiconductor captains, he welcomed them.Welcome to this inauguration program. Thank you for choosing Uttar Pradesh for this renowned three-day event.I applaud the captains and CEOs who are reviving this industry under a new ecosystem, advancing Prime Minister Narendra Modi's goal of making India a worldwide leader "Adityanath stated.The UP CM noted how the COVID-19 epidemic and geopolitical problems hampered the worldwide supply chain, particularly in the semiconductor industry."We all know that Covid-19, the worst epidemic of the century, devastated 2019. "The pandemic and geopolitical crisis hurt the global supply chain and semiconductor industry," he said.Almost every industry was affected at the time. However, under our visionary guidance, India, with its successful Covid-19 management, advanced its semiconductor and display management sectors, taking key strides toward.'Aatmanirbhar Bharat' (self-reliant India).Uttar Pradesh's focus on IT, semiconductors, data centers, and electronic manufacturing has helped it thrive in these industries, the Chief Minister said."Under the visionary leadership of PM Modi, Uttar Pradesh laid special focus on the IT sector, semiconductor, data centres, and electronic manufacturing, and worked towards advancing these industries," stated.The Chief Minister noted the progress, "Uttar Pradesh currently produces 55% of mobiles and 50% of mobile components. The state has become a consumer electronics pioneer with Samsung (KS:005930) India's display unit facility in Noida. UP is become a data center hub."The UP CM also highlighted the state's aspirations to become a global semiconductor design engineering hub, promoting innovation in these areas."UP has already been establishing itself as a global semiconductor design engineers' hub," he said.He also noted the state's efforts to promote and legalize the IT industry.CM Yogi Adityanath also underlined Uttar Pradesh's top "ease of doing business" ranking, bolstering its appeal for investment and industry expansion.