Piyush Goyal discusses enterprise alternatives in the rising semiconductor sector in India with Micron CEO & President Sanjay Mehrotra. (Photo: X/ Piyush Goyal)
Commerce Minister Piyush Goyal urges entrepreneurs and VCs to contribute and assist India’s younger expertise working in essential and rising technological areas resembling synthetic intelligence
Commerce and Industry Minister Piyush Goyal has met Micron Technology CEO Sanjay Mehrotra and mentioned enterprise alternatives in the rising semiconductor sector in India. Goyal additionally held a gathering with YouTube CEO Neal Mohan.
Goyal additionally interacted with Silicon Valley entrepreneurs and enterprise capitalists (VCs) of Indian origin.
The minister is in San Francisco for the Indo-Pacific Economic Framework (IPEF) assembly.
US-based mostly semiconductor firm Micron is organising India’s first chip facility in Gujarat, which is able to create 5,000 direct and 15,000 oblique jobs in the approaching years.
In June, the federal government cleared Micron’s undertaking to arrange a semiconductor check and packaging unit price $2.7 billion in the nation.
“Met Mr. Sanjay Mehrotra, CEO & President of @MicronTech. Discussed how India’s growing semiconductor ecosystem presents vast opportunities for the company to collaborate & expand its footprint in the country,” Goyal mentioned in a submit on social networking platform X on Thursday.
He additionally held a gathering with YouTube CEO Neal Mohan.
“We discussed how India presents a huge opportunity for @YouTube to further expand collaboration and footprint in the country,” Goyal added.
Meanwhile, India’s commerce ministry in an announcement mentioned that Goyal additionally interacted with Silicon Valley entrepreneurs and enterprise capitalists (VCs) of Indian origin. The minister inspired the individuals to share their concepts to make India a greater funding avenue for traders from around the globe.
He urged the entrepreneurs and VCs to contribute and assist India’s younger expertise working in essential and rising technological areas resembling synthetic intelligence. Goyal additionally participated in the Asia Pacific Economic Cooperation (APEC). APEC membership consists of Australia; Canada; Chile; China; Indonesia; Japan; Korea; Malaysia; Mexico; New Zealand; Peru; Philippines; and Russia.
He additionally participated in the occasion ‘Charting New Horizons: CAs as Catalysts in the US-India Partnership’ which was hosted by the Institute of Chartered Accounts of India (ICAI) San Francisco Chapter. The occasion consisted of an interactive session with members of ICAI the place the Minister emphasised on the position that CAs can play in enhancing the collaboration between India and the US.
(With PTI Inputs)
