Union Minister H.D. Kumaraswamy has clarified his comments regarding the subsidies provided to the US semiconductor firm Micron Technology for job creation in Gujarat. Kumaraswamy emphasized that the semiconductor sector is strategic for India, crucial for electronics and automobile manufacturing, and generates significant employment. He stated that his remarks were misquoted and were not intended to criticize the incentives but to highlight the need for a balanced approach. Kumaraswamy also lauded Prime Minister Narendra Modi's semiconductor-related initiatives and expressed his commitment to fulfilling them through his ministry. The subsidies in question involve Rs 3.2 crore for every job created.
DPDP Rules to Electronics & Chip Making: Ashwini Vaishnaw Highlights Top Priorities of New Government By: @Bhaswati19Guha | #DPDP #AshwiniVaishnaw #Electronics https://t.co/2lkQWhiSQS
#India's #electronic manufacturing likely to double in the next five years: #Govt sources https://t.co/Z9kZFbieEg
Govt Sources Say | Electronic manufacturing is likely to be doubled in the next 5 years https://t.co/wGtDkNSdcv
Minister H.D. Kumaraswamy is asking the exact same question I asked in my Aug’23 piece ‘Modi’s semiconductor plan is a semi-con’ Why is the govt paying $2bn of taxpayer money to a $75bn US firm to create just 5000 jobs, which will be more than the lifetime wages of each worker? https://t.co/Egx7HhJvp1 https://t.co/xnlgZ9c4j2
A day after questioning the subsidy to Micron Technology, Union minister HD Kumaraswamy went into damage-control mode, saying his comments weren't meant to criticise the incentives but to highlight the need for a more balanced approach. https://t.co/i282LuGuDe
Lauding Prime Minister Narendra Modi's semiconductor-related initiatives, Union Heavy Industries and Steel Minister H D Kumaraswamy on Saturday said he will work towards fulfilling them through his ministry. https://t.co/GKNXHhAOJq
A day after publicly asking if the subsidy given to US-based micro chip manufacturer Micron Technology is justifiable, Union Minister for Heavy Industries and Steel H.D. Kumaraswamy backtracked. He claimed to have been ‘misquoted’ in the media. https://t.co/JsxFPlDGEa
Escalating tensions with #China are said to have cost #Indian #electronics manufacturers $15 billion ( ₹1.25 lakh crore) in production losses as well as 100,000 #jobs in the past four years, as per reports https://t.co/3LmCF7kK9i
Just In | Govt Sources: "Electronic Manufacturing is likely to be doubled in the next 5 years" https://t.co/rAmZNjtA0i
Union Minister of Heavy Industries and Public Enterprises, #HDKumaraswamy clarified that he was misquoted on his purported remarks regarding the US #semiconductor firm Micron. https://t.co/rkes2muvG6
H D Kumaraswamy questions US firm getting Rs 3.2 crore subsidy for every job it creates in Gujarat Read more🔗https://t.co/C4Ev4A0nAn https://t.co/00mq6bHFe6
Union #steel and heavy industries minister #HDKumaraswamy said that #semiconductors are a “strategic industry” responsible for generating ample #employment. https://t.co/RXE3188KEd
India Can Have $25BN+ & 100K Jobs If.... Relations Better With China Tensions with Beijing, the India Cellular & Electronics Association told ET, come at a cost to Indian electronics manufacturers in production losses with attached job losses since 2020. Export possibilities… https://t.co/h9QsOYeKnx
🚨 #HDKumaraswamy, Union Minister for steel and heavy industries said that #semiconductor sector vital for #India's strategy and his statement on job creation has been misquoted. Read more on it 👇 https://t.co/vd7duRdieE #JobCreadtion #JDS
"Bringing #semiconductor sector in #India is strategic, we require it. I have been misquoted. I haven't mentioned any state." Union Minister #HDKumaraswamy clarifies his comment regarding US Semiconductor firm, getting subsidies for every job created in #Gujarat #Watch 🎥⏬ https://t.co/HQGSSBQ3qb
"Semiconductor is a strategic industry. It is a basic requirement for electronics and automobile manufacturing. Both these sectors generate lots of employment. I greatly appreciate the semiconductor-related initiatives taken by @PMOIndia and will work towards fulfilling them… https://t.co/118MmADxgI
#WATCH | Karnataka: Union Minister HD Kumaraswamy clarifies on his purported comment regarding US Semiconductor firm, Micron Technology getting subsidies for every job created in Gujarat, says, "Bringing semiconductor sector in India is strategic, we require it. Parallelly, we… https://t.co/CpnqIwTGhW