Gandhinagar
(
Gujarat
[India], March 24 (ANI): During the inauguration of Infineon Technologies India’s new Global Capability Center,
GIFT
City in
Gandhinagar
, Chief Minister
Bhupendra Patel
indicated that the inauguration of the state’s inaugural Global Capability Center less than a month after unveiling the Global Capability Center Policy is an impressive feat.
Gujarat
The statement released on Monday highlighted their dedication to constructing a Vikshit Bharat.

Although stressing that setting up this Global Capability Center in
GIFT
The city embarked on a new chapter.
Gujarat
Regarding the technology sector, the Chief Minister mentioned that this center would bolster
Gujarat
‘ capability to provide semiconductor solutions to both the country and the global market.

In the presence of the Chief Minister, an MoU was signed between Infineon Technologies and IIT.
Gandhinagar
To work together on industrial research, technological advancement, innovative practices, and skill cultivation.

On this occasion, Mona Khandhar, the Principal Secretary of the Department of Science and Technology, handed over the approval letter for financial incentives as part of the
Gujarat
Policy for Government’s Global Capability Center 2025-30 Addressed to Infineon Technologies’ CEO, Jochen Hanebeck.

The Chief Minister also mentioned that Prime Minister Narendra Modi has given particular attention to crucial technologies such as artificial intelligence and semiconductors with the aim of strengthening the nation’s tech industry.

With the direction of the Prime Minister
Gujarat
is moving in the same direction. Consequently, new technologies and innovations will serve as the cornerstone in this progression.
Gujarat
The economy of this country in the coming years.

He stated that with the forward-thinking guidance of Prime Minister Modi, India is rapidly advancing toward becoming the globe’s third-biggest economy.

India’s rapidly expanding knowledge-driven economy stands out as an exemplary case of progress, thanks to its highly skilled yet economically accessible labor force.

Today,
Gujarat
serves as the sole state in the nation where three semiconductor facilities are planned for development. The Chief Minister has conveyed his assurance that India’s inaugural Make in India semiconductor chip will also be manufactured here.
Gujarat
.

Bhupendra Patel
further stated that
Gujarat
Is the first state in the country to develop a plan for “Viksit”
Gujarat
@ 2047″ with the motto “Earning Well, Living Well,” aiming to realize Prime Minister Narendra Modi’s dream of building a developed India.

The
Gujarat
The government has made a priority of incorporating global capability centers, artificial intelligence, and innovation-driven sectors within the Earning Well framework.

Speaking about
Gujarat
‘ substantial impact on India’s progress, Chief Minister
Bhupendra Patel
said that
Gujarat
accounts for 8.3 percent of India’s GDP, 18 percent of national industrial production, and 31 percent of total exports, positioning itself as a frontrunner in industrial prowess, innovation, and worldwide integration.

Jochen Hanebeck, the CEO of Infineon Technologies, stated that India is quickly becoming the global center for semiconductors.
Gujarat
, with its industry-friendly policies, is playing a vital role in the semiconductor sector, akin to the heart of India.

The Global Capability Center at Infineon Technologies, set up in
Gujarat
, will further propel India’s progress. He additionally conveyed his appreciation to the
Gujarat
The government has announced that over the upcoming five years, Infineon will be hiring 500 skilled engineering professionals.
Gujarat
.

At the start of the event, Vinay Shenoy, who serves as the Managing Director of Infineon Technologies India, warmly welcomed all attendees.

He conveyed his thanks to the
Gujarat
government for offering significant advantages and backing to Infineon as part of the “Global Capability Center Policy 2025-30.”

Advisor to the Chief Minister and Head of Board
GIFT
The city was represented by Hasmukh Adhia alongside Rajat Moona, who serves as the Director of IIT-Roorkee.
Gandhinagar
, and high-ranking officials of the
Gujarat
The government along with officials and staff from Infineon Technologies attended the event. (ANI)