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India to soon manufacture semiconductor equipment: IT Minister Ashwini Vaishnaw

Economic TimesEconomic Times · 8m
India to soon manufacture semiconductor equipment: IT Minister Ashwini Vaishnaw

India's IT minister, Ashwini Vaishnaw, announced plans for India to manufacture equipment for semiconductor manufacturing. The country aims to establish the entire semiconductor ecosystem, including fabs, ATMP units, chemicals, gases, substrates, consumables, and equipment. This announcement was made at the inauguration of Applied Materials' India Validation Centre, a $20 million facility in Bengaluru. Applied Materials, an American chip equipment supplier, will also be setting up an engineering center in Bengaluru with a total investment of $400 million over four years. India is making progress in the semiconductor hardware ecosystem, and partnerships with foreign companies are helping to develop the sector further.

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