NEW DELHI: CEO of NXP Semiconductors, Kurt Sievers met the Prime Minister Narendra Modi and discussed the transformative landscape in the world of semiconductors and innovation. The meeting was focused on policy frameworks, emerging technologies, deepening India’s value creation, and the country’s manufacturing capabilities and ambitions. The Netherlands-headquartered NXP is one of the top ten chip companies globally. The company designs and manufactures semiconductors, and has centres of excellence in India.
Sievers acknowledged India’s ambition to be a major player in the global electronics supply chain and plans of growing the domestic electronics manufacturing ecosystem to US$ 300 billion by 2026.
Sievers briefed PM Modi about NXP’s expertise and operations in India and pledged the company’s support to help develop India’s diverse domestic STEM workforce and support the country’s flourishing start-up ecosystem.
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