‘Semiconductor sector offers huge investment opportunities in Vid’

 

 

 

Thought leaders, representatives of Government agencies, academia and other stakeholders on Friday jointly highlighted that the field of semiconductor offers huge investment opportunities in the region. Expressing their views at the roundtable meet organised here by the US Consulate, in collaboration with the Indo-American Chamber of Commerce (IACC) and knowledge partner Shardul Amarchand Mangaldas & Co (SAM), the participants felt that the availability of land, manpower resources and good infrastructure in the region will play a pivotal role in attracting investment in the sector. US Consulate Public Affairs Officer Brenda Soya; Radhika Dudhat, Partner, Shardul Amarchand Mangaldas & Co; Gajendra Bharati, Joint Director of Industries, Nagpur; Saurabh Pramod Shah, Chairman, National Committee on ease of Doing Business, (IACC); and others were present. Based on the inputs of the meetings, the IACC will come out with a white paper on the matter and share it with State and Central Governments including the Government of US. The meet, focused on advancing Indo-US collaboration in semiconductor technology, was the second event of the series of such meets.

 

Following the successful inaugural session in Mumbai on January 15, which received positive feedback from industry and Government stakeholders, including interest from the Maharashtra Government in integrating insights into its forthcoming electronics policy, the second roundtable in the series took place in the city. Speaking at the meet, Brenda Soya emphasised the strategic importance of the semiconductor industry for both the United States and India.

 

“The semiconductor sector plays a vital role in driving economic growth, technological innovation, and supply chain resilience. This roundtable underscores our nations’ shared commitment to advancing technology cooperation and fostering secure supply chains,” she said. She added that the roundtable series aligns with the TRUST (Transforming the Relationship Utilising Strategic Technology) initiative, reaffirmed by President Trump and Prime Minister Narendra Modi in the US-India joint statement following their meeting on February 13. The series continues with upcoming discussions in Pune and Ahmedabad, culminating in a capstone event in Mumbai in May.