New Delhi [India], September 2 (ANI): Tokyo Electron Limited has expressed confidence in India’s semiconductor sector, with plans to develop its presence within the nation.
Speaking to ANI at Semicon India 2025, Fumihiko ‘Ray’ Kaminaga, Senior Vice President and General Manager, stated, ‘It’s an ideal alternative. We see a giant potential…There can be sturdy assist from PM Modi and the Government. So, I’m assured that India might be one of many highly effective semiconductor hubs on the earth…’
Highlighting the corporate’s future plans in India, Kaminaga added, ‘We will open an workplace right here in Bengaluru. We additionally present stations in Ahmedabad and Dholera in Gujarat. We additionally work with native suppliers like HCL, Tata Consultations. So, sooner or later, we are able to present extra assets to native folks to supply {hardware} and software program options for us.’
The remarks got here days after Prime Minister Narendra Modi and Japanese PM Shigeru Ishiba visited the Tokyo Electron manufacturing unit on August 30, the place they interacted with prime firm officers, underscoring the sturdy bilateral assist for India’s semiconductor ambitions.
In a put up on X, PM Modi wrote, ‘PM Ishiba and I visited the Tokyo Electron Factory. We went to the Training Room, Production Innovation Lab and interacted with prime officers of the corporate. The semiconductor sector is a key space for India-Japan cooperation. In the previous few years, India has made many strides on this sector. Plenty of kids are getting related to it as nicely. We search to proceed this momentum within the occasions to come back.’
Prime Minister Modi had arrived in Sendai on Saturday morning to attend the fifteenth India-Japan Annual Summit with PM Ishiba. He was greeted with nice fervour by the locals and Indian neighborhood members.
The semiconductor facility, positioned close to Sendai in Miyagi Prefecture, was being developed by Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) in collaboration with SBI Holdings and Japanese companions underneath the three way partnership Japan Semiconductor Manufacturing Company (JSMC). Situated within the Second Northern Sendai Central Industrial Park in Ohira Village, the plant represented one among Japan’s largest efforts to revive its home chip-making trade.
Economic safety was a key pillar of India-Japan cooperation, protecting semiconductors, AI, essential minerals, and clear power. For India, deeper collaboration in these sectors offered entry to superior know-how, enhanced supply-chain resilience, and opened up funding alternatives, reinforcing the strategic partnership between the 2 nations. (ANI)