(Image source from: dnaindia.com)

Indian economy is growing at a faster note said Indian Prime Minister Narendra Modi. He lauded the country's economic growth and he said that the consumption of the semi-conductors is expected to cross 110 billion USD by the year 2030. Modi also said that India has the world's fastest growing start-up eco-system. India would lead the technology revolution ahead and massive investments are being made in such path. He also said that six hundred thousand villages would be connected with broadband in the country very soon. Modi made these statements at the inaugural session of the Semicon India 2022 conference in Bengaluru that took place on Friday.

"We are going to lead the technology revolution in the coming days. We have plans to connect six hundred thousand villages with broadband. We are making big investments in 5G, internet and clean energy technologies. Our consumption of semiconductors is expected to cross 80 billion USD by the year 2026 and 110 billion USD by 2030" told Narendra Modi. Modi said that India headed for robust economic growth with world's fastest-growing startup eco-system. India is a key partner in the global semiconductor supply chains of the globe. The work is completely based on the principle of high quality and high reliability.

By Siva Kumar