Union Commerce and Industry Minister Piyush Goyal held
a meeting with Micron Technology CEO Sanjay Mehrotra and discussed how India’s
growing semiconductor ecosystem presents vast opportunities for company to
collaborate and expand its footprint in India.
Taking to X, Piyush Goyal stated, “Met Micron
Technology CEO & president Sanjay Mehrotra. Discussed how India’s growing
semiconductor ecosystem presents vast opportunities for the company to
collaborate & expand its footprint in the country.”
Goyal met YouTube CEO Neal Mohan. The two sides
discussed how India presents a huge opportunity for YouTube to further expand
its collaboration.
Taking to X, Piyush Goyal stated, “Delighted to meet Neal
Mohan, CEO of YouTube. We discussed how India presents a huge opportunity for YouTube
to further expand collaboration & footprint in the country with its:
Thriving digital ecosystem growing content space young & diverse
demography.”
This July, Mehrotra had met with Prime Minister
Narendra Modi in Gujarat’s Gandhinagar and they discussed US chip giant’s plans
to bolster the semiconductor manufacturing ecosystem within India.
In June, Micron Technology had announced its plans of
investing US$ 825 million in a new chip assembly and testing plan in Gujarat.
India hopes to become a major global hub in semiconductor manufacturing over
the next 10 years.
Meanwhile, Goyal, who is on a four-day visit to US, held
a roundtable discussion with prominent academicians at Stanford University.
Taking to X, Goyal stated, “Held a roundtable
discussion with prominent academicians at Stanford University. Highlighted the
vast opportunities for collaboration with India’s higher education institutions
to foster a vibrant exchange of knowledge, research and pathbreaking solutions
to key global issues.”
During his meeting with Silicon Valley entrepreneurs
and venture capitalists, he highlighted how India’s young talent, business
ecosystem and growing economy presents opportunities for investments.
Goyal tweeted, “Had an engaging interaction with
Silicon Valley Entrepreneurs & Venture Capitalists. Highlighted how India’s
young talent, vibrant business ecosystem & growing economy presents the
perfect opportunity for investments.”
Meanwhile, US-India Business Council Board Chair and
Nasdaq Executive Vice Chairman Edward Knight has said there have been energetic
interactions and engagements between the Indian and US governments in promoting
entrepreneurship in both countries.
“What I would underscore is the energetic interaction
and engagement between the two governments and the two ministers on the issue
of promoting entrepreneurship in India and here in US and how we can do that
better, how cooperation between the two governments and the two business
communities can lead to more high growth companies, entrepreneurship and
economic growth both here and in India,” said Edward Knight meeting Piyush
Goyal.
Asked what his take on the India-US relationship is in
terms of business, Knight recalled his recent visit to India where he learnt
about many US companies creating centres of excellence and other projects
within India.
“A few weeks ago, with the US-India Business Council
and the Ambassador, we saw during that trip (to India) that Google announcing
an assembly facility and for that matter many companies creating centres of
excellence and other projects within India,” Knight noted.
ANI
