Trust Indian talent and start making in India: PM Modi tells Qualcomm CEO Cristiano Amon

Qualcomm CEO Cristiano Amon, whose company has a huge presence in India, including research and development processes, expressed enthusiasm to work with India on ambitious digital transformation programmes, including in 5G.

Asianet Newsable English

Washington D.C., First Published Sep 23, 2021, 8:27 PM IST | Last Updated Sep 23, 2021, 9:10 PM IST

Prime Minister Narendra Modi on Thursday met Qualcomm CEO Cristiano Amon and discussed the investment opportunities in India.

According to sources, Amon -- whose company has a huge presence in India, including research and development processes -- expressed enthusiasm to work with India on ambitious digital transformation programmes, including in 5G.

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Speaking of the incredible opportunities in India, the Qualcomm CEO said that the country is a big market, but the company also sees it as a big export market.

"It is the right time for India to not only manufacture for the Indian market but also plan to serve the need of other countries," sources quoted Amon as saying.

Amon also expressed interest in partnering with India to work in the field of semiconductors. Qualcomm is a global leader in the field of semiconductors, software, and services related to wireless tech.

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On his part, sources said, Prime Minister Modi assured Qualcomm that India will proactively work on the proposals made by them.

Stressing upon the fact that India had the scale for ambitious projects, the Prime Minister said that India has prepared for 5G standards and urged Qualcomm to actively participate as they did in the case of NAVIK.

According to sources, Prime Minister Modi also said that since Qualcomm had already had faith in the Indian talent, it can now trust Indian talent and start manufacturing with the advantage the PLI scheme offers.

While reiterating the country's new liberalised drone policy, PM Modi said that Qualcomm could take part in new opportunities in the new emerging market.

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"We manufacture semiconductors. We have realised that there is a need to build a very resilient supply chain for semiconductors. We believe that India could be an important destination and if that infrastructure is available in India, then we would be very happy to invest," Amon said after his meeting with the Prime Minister.

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