CURRENT AFFAIRS

Detailed explanation-1: -Semicon India 2022 Conference will be organised by Ministry of Electronics & Information Technology from April 29 – 01 May 2022 at ITC Gardenia, Bengaluru around theme of - Design and Manufacture in India, for the World: Making India a “Semiconductor Nation”.

Detailed explanation-2: -Q. Which is the venue of the ‘Semicon India Conference-2022’? Notes: The Prime Minister Narendra Modi inaugurated Semicon India Conference-2022 in Bengaluru. The consumption of semiconductors is expected to cross USD 110 billion by 2030 and India has the world’s fastest growing start-up ecosystem.

Detailed explanation-3: -The Conference was inaugurated by Hon’ble Prime Minister of India, Shri Narendra Modi via Video Conference on 29th April, 2022 at 11:00 AM. The Conference brings together global leaders from Industry, Academia and Research Institutions.

Detailed explanation-4: -The Prime Minister, Shri Narendra Modi inaugurated Semicon India Conference 2022 and shared his remarks via video conferencing at the inaugural session today.

Detailed explanation-5: -The Indian semiconductor market was valued at USD 27.2 billion in 2021 and according to the India Electronics and Semiconductor Association, India’s semiconductor market is expected to more than double between 2021 to 2026 and reach US$ 64 billion.