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Govt to support semiconductor industry expansion across India: Ashwini Vaishnaw
Economic Times
·
1y ago
Medial
The Indian government is open to providing opportunities for states interested in the semiconductor industry, according to Union Minister Ashwini Vaishnaw. He stated this at the inauguration of the Qualcomm design center in Chennai, mentioning that several states are already working seriously on future semiconductor projects. Vaishnaw also discussed the growing importance of design-led initiatives and the need for collaboration in driving research and development for future wireless technology, including 6G. Additionally, the selection of manufacturing units in specific regions was influenced by existing chemical hubs that can facilitate semiconductor production.
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Meity policy momentum to continue with Vaishnaw retaining Electronics, IT portfolio
YourStory
·
1y ago
Medial
Ashwini Vaishnaw, the Union minister, will continue to hold the Electronics and IT portfolio in addition to the Railway and Information and Broadcasting ministries. During his tenure, Vaishnaw has driven growth in electronics and semiconductor manufacturing and played a key role in enacting the Digital Personal Data Protection Act. He has also facilitated significant advancements in mobile phone manufacturing, reducing India's reliance on imports. Going forward, Vaishnaw will focus on implementing the Digital Personal Data Protection Act, formulating the Digital India Act, and promoting semiconductor manufacturing to support India's AI ambitions. The industry has expressed satisfaction with the government's decision to retain Vaishnaw in key portfolios.
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India to rank among top five globally in semiconductor manufacturing by 2026: Ashwini Vaishnaw
Economic Times
·
1y ago
Medial
India is expected to become one of the top five countries for semiconductor manufacturing in the next five years, according to India's Minister for Telecommunication and IT, Ashwini Vaishnaw. The country's semiconductor program aims to establish a complete ecosystem rather than just focusing on one chip foundry unit. India has recently initiated the construction of four semiconductor units, including the country's first commercial chip foundry in Gujarat. Vaishnaw also highlighted India's significant growth in electronics manufacturing over the past decade, with the industry now worth $110 billion.
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ETSA 2024 | India going to be next semiconductor destination: Ashwini Vaishnaw, I&T Minister
Economic Times
·
9m ago
Medial
- Ashwini Vaishnaw, I&T Minister, discusses the development of the semiconductor manufacturing eco-system and skillsets. - The fireside chat was conducted by Sruthijith KK, Executive Editor of The Economic Times. - The conversation covered customized reforms in policies for AI technology development. - Ashwini Vaishnaw shares insights into the journey of developing the semiconductor manufacturing eco-system. - The fireside chat provides valuable information regarding the advancements in technology and policy reforms in India.
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Semiconductor Programme To Focus On Chip Design: Vaishnaw
Inc42
·
1y ago
Medial
India's semiconductor programme, Semicon, is set to produce at least 10 chipsets entirely within the country, including design, fabrication, and packaging. Union Minister of Electronics and Information Technology, Ashwini Vaishnaw, revealed plans for the second version of Semicon, which aims to develop the chip design ecosystem and strengthen India's position in the semiconductor industry. The government also hopes to manufacture the necessary equipment for semiconductor production and gases required in chip fabrication plants domestically. The push for a thriving semiconductor ecosystem in India has resulted in increased startup activity, and tech giant Nvidia has pledged support for the IndiaAI Mission.
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India to soon become exporter of semi-conductors: Vaishnaw
Thehindubusinessline
·
1y ago
Medial
India is set to become self-sufficient in semiconductor production and also aims to become a major exporter in the future, according to Ashwini Vaishnaw, India's Minister of Railways, Communications, Electronics & Information Technology. The country plans to establish three semiconductor units, with an estimated investment of INR1.26 lakh crore ($16.9bn), which will cater to industries including automotive, telecommunications, electrical, space and defence. The minister stated that India has already set the foundation for the semiconductor industry through several projects and expects more companies to invest in the sector in the coming years.
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Union minister Ashwini Vaishnaw announces new chip unit with Rs 3,700 crore outlay
Economic Times
·
2m ago
Medial
Union Minister Ashwini Vaishnaw announced a new semiconductor unit in Uttar Pradesh under the India Semiconductor Mission, with an investment of Rs 3,700 crore. This will be the sixth plant under the government’s flagship chip initiative, focusing on manufacturing display chips for smartphones, automobiles, and personal computers. The facility is designed to handle 20,000 wafers and produce 36 million chips per month, enhancing India’s semiconductor capabilities.
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India’s Semiconductor Push: Ashwini Vaishnaw Says First Homegrown Chip to Arrive This Year
OutlookIndia
·
4m ago
Medial
India is set to launch its first homegrown semiconductor chip from a commercial fab by September or October, as announced by Union Minister Ashwini Vaishnaw. The initiative is part of the Semicon India program, aiming to build a comprehensive semiconductor ecosystem. Significant investments in the electronics sector and research into gallium nitride, alongside educational initiatives, underpin this push. Tata Electronics and Powerchip Semiconductor are constructing a facility, with Micron also progressing in Gujarat.
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India to get first domestically manufactured memory chip by 2024-end: Ashwini Vaishnaw
Inc42
·
1y ago
Medial
India is set to get its first domestically manufactured memory chip by the end of 2024, according to union electronics and IT minister Ashwini Vaishnaw. South Korea's Simmtech will invest over INR 1,250 Cr to set up a plant in Gujarat, in collaboration with Micron's upcoming semiconductor unit. Simmtech manufactures high-layer printed circuit boards for semiconductors, and the plant is expected to create over 1,000 direct and indirect job opportunities. Vaishnaw also urged Micron to collaborate with IIT Gandhinagar to establish a center of excellence for semiconductor talent.
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Ashwini Vaishnaw on what would it take for next Nvidia to emerge out of India | ET Startup Awards
Economic Times
·
9m ago
Medial
- Ashwini Vaishnaw, Indian IT Minister, discusses India's semiconductor capabilities at ET Startup Awards 2024. - Highlights advancements in chip design and upcoming semiconductor manufacturing facilities. - Emphasizes India's growing presence as a semiconductor hub. - Talk focuses on India's efforts to bolster domestic chip manufacturing and reduce reliance on imports. - Video of the speech available for viewing.
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Tata Group Puts Assam On Global Map With Semiconductor Plant
Internet
·
1y ago
Medial
Tata Group's Rs 27,000 crore investment in Assam's semiconductor plant, supported by the Assam government, aims to make the state a key player in semiconductor manufacturing. Union Minister Ashwini Vaishnaw underscores its significance for India's self-reliance. The facility by Tata Semiconductor Assembly and Test Pvt Ltd (TSAT) targets various sectors, with production set to start in 2026.
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