The Prime Minister has pitched a new idea, "
He also put special emphasis on India's commitment to becoming a global leader in
The semiconductor industry in India is still in a nascent stage, with various local and multinational companies intending to tap its vast potential. Today works for four semiconductor plants, three in Gujarat and one in Assam, are underway.
The Government of India has announced a substantial allocation of USD 10 billion under the Semicon India Program for the semiconductor and display manufacturing ecosystem, according to Invest India, the national investment promotion and facilitation agency of India.
Semiconductors are fundamental to modern electronic devices, including smartphones, cloud servers, and industrial automation systems.
In his speech today, PM Modi also envisioned transforming India into a global manufacturing hub, leveraging its vast resources and skilled workforce. The Prime Minister called for state governments to establish clear policies to attract investments, offer assurances of good governance, and ensure confidence in the law and order situation.
Touching upon gaming, a sunrise sector, PM Modi said that India must leverage its rich ancient legacy and literature to come up with
The number of online gamers in India soared to 442 million, establishing it as the second-largest gaming user base globally, surpassed only by China.
Further, PM Modi emphasized the importance of
The Prime Minister reiterated India's commitment to becoming a global leader in green hydrogen production and creating sustainable employment opportunities in environmental conservation and
At COP26 held in 2021, India committed to an ambitious five-part "Panchamrit" pledge. They included reaching 500 GW of non-fossil electricity capacity, generating half of all energy requirements from renewables, to reducing emissions by 1 billion tonnes by 2030.
India as a whole also aims to reduce the emissions intensity of GDP by 45 per cent. Finally, India commits to net-zero emissions by 2070.
About 44 per cent of India's energy requirements at present come from
New job positions are emerging in the green industry because of climate change. As the clean energy sector is expanding, so is the demand for renewable energy professionals.
This year's celebration marks the 11th time PM Modi addressed the nation from the Red Fort on Independence Day, making him the third Prime Minister after Jawaharlal Nehru and Indira Gandhi to achieve this milestone. The theme for this year's Independence Day is 'Viksit Bharat @ 2047,' aiming to drive the Government's efforts to transform India into a developed nation by 2047.