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Union minister Ashwini Vaishnaw announces new chip unit with Rs 3,700 crore outlay

Economic Times

Economic Times · 3m ago

Union minister Ashwini Vaishnaw announces new chip unit with Rs 3,700 crore outlay

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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First Made in India semiconductor chip to roll out soon from Sanand's CG plant: Ashwini Vaishnaw - The Economic Times

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Economic Times · 1d ago

First Made in India semiconductor chip to roll out soon from Sanand's CG plant: Ashwini Vaishnaw - The Economic Times

Union IT Minister Ashwini Vaishnaw inaugurated CG Semi’s advanced OSAT facility in Sanand, Gujarat, marking India’s first chip production milestone. The CG Power and Industrial Solutions Ltd, in partnership with Renesas Electronics America Inc and Stars Microelectronics (Thailand) Public Co Ltd, invested Rs 7,600 crore in this semiconductor unit. The India Semiconductor Mission aims to strengthen India's global semiconductor value chain position, with several projects underway to develop the talent and ecosystem.

Two electronics clusters worth Rs 1,112 crore to be set up in Tamil Nadu: Union minister Ashwini Vaishnaw

Economic Times

Economic Times · 5m ago

Two electronics clusters worth Rs 1,112 crore to be set up in Tamil Nadu: Union minister Ashwini Vaishnaw

Union Minister Ashwini Vaishnaw announced the establishment of two electronics manufacturing clusters worth Rs 1,112 crore in Tamil Nadu. Inaugurating Zetwerk Electronics' facility in Sriperumbudur, he highlighted the growth of the electronics sector, now India's second-largest export industry. The Zetwerk plant is part of a Rs 1,000 crore investment, expected to employ 1,500 people. The new clusters in Kancheepuram and Thiruvallur aim to bolster the state's electronics manufacturing capacity.

India to get first domestically manufactured memory chip by 2024-end: Ashwini Vaishnaw

Inc42 · 1y ago

India to get first domestically manufactured memory chip by 2024-end: Ashwini Vaishnaw

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.

Academia, startups, students, and researchers must partner to create new solutions: Vaishnaw

YourStory

YourStory · 5m ago

Academia, startups, students, and researchers must partner to create new solutions: Vaishnaw

Union Minister Ashwini Vaishnaw emphasized the need for academia, startups, students, and researchers to collaborate in developing new solutions, moving away from reliance on government alone. While awarding winners of the Indigenous Web Browser Challenge, he urged India to transition from a service nation to a product and manufacturing nation. Vaishnaw highlighted the importance of participating across the entire chip development spectrum. The event underscored the necessity for indigenous browsers to ensure data security.

India to launch first made in India chip in 2025: Ashwini Vaishnaw

Inshorts · 7m ago

India to launch first made in India chip in 2025: Ashwini Vaishnaw

Union Minister Ashwini Vaishnaw has reportedly said that the first made in India chip will be rolled out this year. Speaking at the World Economic Forum in Davos, he said, "Now we are looking at the next phase, where we can get equipment manufacturers, material manufacturers and designers in India."

Tata Group Puts Assam On Global Map With Semiconductor Plant

Internet

Internet · 1y ago

Tata Group Puts Assam On Global Map With Semiconductor Plant

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.

India to rank among top five globally in semiconductor manufacturing by 2026: Ashwini Vaishnaw

Economic Times

Economic Times · 1y ago

India to rank among top five globally in semiconductor manufacturing by 2026: Ashwini Vaishnaw

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.

Union minister Ashwini Vaishnaw launches $1 billion fund for creator economy

Economic Times

Economic Times · 5m ago

Union minister Ashwini Vaishnaw launches $1 billion fund for creator economy

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India emerges as top smartphone supplier to US, electronics manufacturing stands at Rs 12 lakh cr: Ashwini Vaishnaw

Economic Times

Economic Times · 19d ago

India emerges as top smartphone supplier to US, electronics manufacturing stands at Rs 12 lakh cr: Ashwini Vaishnaw

India has emerged as the top smartphone supplier to the United States, with electronics manufacturing reaching a value of Rs 12 lakh crore, according to Union Minister Ashwini Vaishnaw. Electronics exports have risen eightfold, currently at Rs 3 lakh crore. India is now the second-largest global manufacturer of mobile phones, highlighting its significant growth in technology production. This development aligns with India's objective to become a global electronics hub and ensure technological accessibility for all citizens.

First made in India semiconductor chip to be rolled out this year: Ashwini Vaishnaw

YourStory

YourStory · 1m ago

First made in India semiconductor chip to be rolled out this year: Ashwini Vaishnaw

Union Electronics and Information Technology Minister Ashwini Vaishnaw announced that India’s first indigenous semiconductor chip will be released in 2025. Speaking at Keshav Memorial Educational Society's event in Hyderabad, he emphasized India's emergence as a notable semiconductor nation. Cities like Hyderabad, Bengaluru, and Chennai are central to complex chip design, and six semiconductor plants are under construction. He also highlighted India's AI Mission and envisioned India as a top global economy by 2047.

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