Foxconn, the world's largest contract electronics manufacturer, expressed optimism about India's Semiconductor roadmap and pledged to be India's most trusted partner. The Semicon India 2023 event, inaugurated by Prime Minister Narendra Modi, aims to highlight investment opportunities in the semiconductor sector. Ajit Manocha, President and CEO of SEMI, believes India is ready to become a player in semiconductor production. Mark Papermaster, EVP and CTO at AMD, announced a $400 million investment and the establishment of a design center in Bengaluru. Micron Technology CEO Sanjay Mehrotra thanked PM Modi for his vision and committed to building a semiconductor facility in Gujarat.

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