India's tryst with semi-conductor: Where we are and what we need
1 year, 4 months ago

India's tryst with semi-conductor: Where we are and what we need

India Today  

Union Minister of Information and Technology, Ashwini Vaishnaw, has promised the country that a first-of-its-kind, Made in India semi-conductor chip will be introduced by December 2024. The central government has been in talks with the biggest players across the world that can help set up a semiconductor manufacturing plant in India. PM MODI'S DREAM Prime Minister Narendra Modi has been pushing to get the semiconductor business running in India. Encouraging industrialists and investors to get into the semiconductor business, PM Modi said, “Technology firms will be given 50 per cent financial assistance for setting up semiconductor manufacturing facilities in the country." 2 MANUFACTURING PLANTS NEXT YEAR Speaking with India Today about the plan, Minister Ashwini Vaishnaw said the government should be able to approve two high-quality semiconductor chip fabrication proposals in the coming 12 months.

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