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Govt achieved several firsts in 2024 including approval of four semicon projects: Meity

Economic TimesEconomic Times ยท 4m
Govt achieved several firsts in 2024 including approval of four semicon projects: Meity

The Ministry of Electronics and Information Technology has approved four semiconductor development projects in 2024. These include one chip fabrication project and three chip packaging units. The chip fabrication unit, a joint venture between Tata Electronics and Powerchip Semiconductor Manufacturing Corporation, will be located in Gujarat and have a capacity of manufacturing 50,000 wafer starts per month. Additionally, two chip packaging units will be built in Gujarat and Assam, with capacities of over 70 million chips per month combined. The ministry has also developed and deployed the India AI platform to encourage safe and trusted artificial intelligence deployment.

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