Prime Minister Narendra Modi is set to inaugurate a major semiconductor conference in New Delhi, as India moves to attract global investors for a roughly $30 billion chipmaking push. The event is scheduled to begin Thursday and is presented by outlets as part of a wider effort by Modi’s government to position India as a growing destination for semiconductor and electronics investment.

Both sources describe the conference as a platform to highlight India’s emerging semiconductor capabilities and to court industry interest. Free Malaysia Today emphasizes that India’s chip and electronics industry is still at an early stage compared with more established markets, noting it barely existed a decade ago. Bloomberg similarly frames the initiative as an ambitious bid to gain a place in the global chipmaking supply chain, focusing on the investor-facing nature of the program.

While the two reports agree on the scale of the bet and the purpose of the conference, they differ in emphasis: Bloomberg highlights Modi’s “charm offensive” and India’s strategic intent to win investment, while Free Malaysia Today stresses the industry’s relatively recent development and the showcase element of the three-day gathering.