PM Modi inaugurates the SEMICON 2024 conference

Greater Noida (UP): Prime Minister Narendra Modi on Wednesday said resilience of supply chains is critical for the economy as he made a pitch to boost investments in domestic manufacturing of semiconductors -- the foundation of everything from smartphone to EV and AI.

Speaking at the SEMICON 2024 conference on the outskirts of the national



capital, the Prime Minister said the Covid pandemic showed the importance of the supply chain and underscored the need to act to ward off any disruption.

"Resilience of the supply chain is very important," he said. "India is working to create the same in different sectors of the economy."