Gautam Adani, Qualcomm CEO discuss India's potential in semiconductors, AI
What's the story
Gautam Adani, head of Adani Group has discussed India's possibilities in semiconductors, AI, and mobility with his counterpart at Qualcomm, Cristiano Amon. In a post on X, Adani said, "Inspiring to hear his (Amon's) vision for semiconductors, AI, mobility, edge appliances and much more across different markets. Exciting to hear about his plans and commitment to India's potential!"
Twitter Post
Check out Adani's post on meeting Qualcomm CEO
Great meeting with Qualcomm CEO @cristianoamon & his leaders! Inspiring to hear his vision for semiconductors, AI, mobility, edge appliances and much more across different markets. Exciting to hear about his plans and commitment to India's potential! pic.twitter.com/g20X6iHhDU
— Gautam Adani (@gautam_adani) March 11, 2024
Infrastructure support
Qualcomm's new design center in India
On March 14, Amon is set to kick off Qualcomm's new design center at Ramanujan IT City in Chennai. Announced during the Tamil Nadu Global Investors Meet in January, the company plans to invest nearly Rs. 177 crore to develop this facility. It will focus on wireless connectivity solutions, working on innovations that go hand-in-hand with Wi-Fi technologies. Plus, it's expected to create jobs for up to 1,600 skilled professionals.
Semiconductor plant
Indian government approves semiconductor plants
Just last week, the government gave green light for three semiconductor plants with a combined investment of Rs. 1.26 lakh crore. This move is all about making India a global leader in chip manufacturing. Tata Electronics, in partnership with Taiwan's Powerchip Semiconductor Manufacturing, will set up a semiconductor fab at Dholera's special industrial region in Gujarat. India is on the hunt for global and domestic chip makers to set up shop in the country through multi-billion-dollar incentive schemes.