Foxconn
Narendra Modi welcomes Foxconn's plans to expand semiconductor and chip manufacturing capacity in India
Taiwanese chip-making giant's chairman Young Liu on Friday met Narendra Modi in New Delhi when the Indian PM welcomed Foxconn's plans to expand semiconductor and chip manufacturing capacity in India.
Following the meeting, PMO India tweeted: "Mr. Young Liu, Chairman of Foxconn, met PM @narendramodi in Gandhinagar. The PM welcomed Foxconn's plans to expand semiconductor and chip manufacturing capacity in India."
Young Liu was in India to attend the SemiconIndia 2023 in Gujarat.
Speaking at the event, Young Liu said Taiwan is and will be India's most trusted and reliable partner.
Expressing hope over the direction in which India is planning to move ahead in the semiconductor journey, he was quoted as saying by Hindustan Times: "Where there is a will there's a way, I can feel the determination of the Indian government."
Mr. Young Liu, Chairman of Foxconn, met PM @narendramodi in Gandhinagar. The PM welcomed Foxconn's plans to expand semiconductor and chip manufacturing capacity in India. pic.twitter.com/Badv6NhzRm
— PMO India (@PMOIndia) July 28, 2023
"I am very optimistic about the way India will be headed," he said.
"PM Modi, once mentioned that IT stands for India and Taiwan. PM, Taiwan is and will be your most trusted and reliable partner. Let's do this together," the Taiwanese business leader said.
Modi inaugurated SemiconIndia 2023 at Mahatma Mandir in Gandhinagar, Gujarat on Friday.
The theme of the Conference is ‘Catalysing India’s Semiconductor Ecosystem’.
It showcases India’s semiconductor strategy and policy which envisions making India a global hub for semiconductor design, manufacturing and technology development.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
