'Government's push for chip manufacturing, a step in right direction' Says Kenichi Ayukawa

Government’s push for manufacturing of semiconductors in India is a much needed, long-term step, in the right direction, said SIAM President and Maruti Suzuki
'Government's push for chip manufacturing, a step in right direction' Says Kenichi Ayukawa

NEW DELHI: Government's push for manufacturing of semiconductors in India is a much needed, long-term step, in the right direction, said SIAM President and Maruti Suzuki Managing Director & CEO Kenichi Ayukawa on Thursday.

Speaking at the 61st ACMA Annual Session, Ayukawa said: "The invitation by the government for 'Expression of Interest' for manufacturing semiconductors in India is a much needed, long-term step, in the right direction." "I am sure global investors will take advantage of this opportunity in India. In the meantime, our partners from the component industry have to tackle the current challenge of semiconductor shortage, by deeply engaging with the chip suppliers." (IANS)

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