News Brief
First ‘Made In India’ Semiconductor Chip Likely To Be Rolled Out This Year
Representative Image
The first ‘Made in India’ semiconductor chip would be ready for production by this year, Union Electronics and IT Minister Ashwini Vaishnaw announced on Tuesday (25 February).
Addressing the Global Investors Summit 20255 organised in Bhopal through video conferencing, Vaishnaw said that the government's unwavering commitment has propelled India’s electronics manufacturing industry to new heights
India has made significant progress in semiconductor manufacturing, with five units under construction, simultaneously.
The first ‘Made in India’ chip is expected to roll out by 2025, according to the Ministry of Electronics & IT.
To further strengthen the talent pipeline, the government has initiated a programme to train 85,000 engineers in advanced semiconductor and electronics manufacturing.
He noted that under the leadership of Prime Minister Modi, electronic manufacturing in Madhya Pradesh has gained significant momentum.
Currently, 85 companies are actively engaged in the electronics manufacturing sector in the state, marking a major success for the both state and central government.
The Union Minister also highlighted the government's commitment to technological advancement by announcing the training of 20,000 engineers under the Future Skills Program in Madhya Pradesh.
Over the past decade, the electronics manufacturing sector has witnessed huge growth, reaching a valuation of Rs 10 lakh crore.
India is currently exporting electronics worth Rs 5 lakh crore, including mobile (Rs 4 lakh crore); laptops, servers, telecom equipment (Rs 75,000 crore) and defence and medical electronics.
Electronics is amongst the top three export items from the country.
