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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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Two electronics clusters worth Rs 1,112 crore to be set up in Tamil Nadu: Union minister Ashwini Vaishnaw
Economic Times
·
4m ago
Medial
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.
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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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Academia, startups, students, and researchers must partner to create new solutions: Vaishnaw
YourStory
·
4m ago
Medial
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.
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India to launch first made in India chip in 2025: Ashwini Vaishnaw
Inshorts
·
6m ago
Medial
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."
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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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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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Union minister Ashwini Vaishnaw launches $1 billion fund for creator economy
Economic Times
·
4m ago
Medial
Union Minister Ashwini Vaishnaw announced a $1 billion fund to boost the creator economy, unveiled during a session on the upcoming World Audio-Visual and Entertainment Summit (WAVES) 2025 in New Delhi. Scheduled for May 1-4 in Mumbai, WAVES will serve as a platform for digital content creators, offering access to funding and global opportunities. Additionally, India's first Indian Institute of Creative Technology will be established near Film City, Mumbai, with a government allocation of Rs 391 crore.
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First made in India semiconductor chip to be rolled out this year: Ashwini Vaishnaw
YourStory
·
19d ago
Medial
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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Ashwini Vaishnaw and NVIDIA officials meet to push AI chip development under the IndiaAI Mission
YourStory
·
11m ago
Medial
Union Minister Ashwini Vaishnaw met with NVIDIA executives to discuss AI chip development and collaboration opportunities under the IndiaAI Mission. The discussion focused on leveraging AI to address India-specific challenges and the potential development of an Indian AI chip. The meeting highlighted NVIDIA's support for the AI mission and explored ways to utilize AI for solving country-specific problems. The IndiaAI Mission, approved by the Union Cabinet, aims to provide funding for AI computing infrastructure and invite bids for cloud-based AI services. The initiative aims to make AI supercomputing infrastructure accessible to startups, academia, and researchers.
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Ashwini Vaishnaw on Broadcast Bill: There will be huge focus on the creators' economy
Economic Times
·
10m ago
Medial
- Union Minister Ashwini Vaishnaw highlights the importance of the creators' economy in India - Technology plays a crucial role in the media and entertainment sector, according to the minister - Traditional industries like radio and broadcasting have transformation opportunities in the age of new technologies - The minister discusses the evolving landscape of the Information and Broadcasting sector - Soft power is a significant factor in India's rise in the global context
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