Gautam Adani Award: Billionaire businessman and Adani Group Chairman Gautam Adani said that India needs to become self-reliant in manufacturing of semiconductors. Addressing the India Ideas Summit organized by the US-India Business Council, he said that America’s help will be important in making India self-reliant in the semi-conductor manufacturing ring. Adani also received the USIBC Global Leadership Award during the summit.
Gautam Adani spoke on the shortage of semiconductor chip
Gautam Adani said industries are suffering due to a global shortage of semiconductor chips, which are vital to power everything from cars to computers, aircraft and military equipment. In his address, he said that the Indian government wants to start domestic manufacturing of semiconductor chips, so that it can be in a position to export them in future.
America can prove to be India’s helper: Gautam Adani
Gautam Adani said that America can be very helpful in making India self-reliant in semiconductor technology. “India cannot depend on global supply chains because chips are needed by everyone,” he said.
Jeff Bezos, Sundar Pichai have received this award
The award is given to top entrepreneurs from India and the US since 2007 for their efforts towards strengthening bilateral business ties. So far, this award has been given to celebrities like Amazon chief Jeff Bezos, Google CEO Sundar Pichai, Nasdaq chief Adena Friedman, FedEx Corporation chief Fred Smith and Kotak Mahindra Bank chief Uday Kotak.