India Leaps Ahead in Semiconductor Manufacturing with New Initiatives
Union Minister Ashwini Vaishnaw reviewed semiconductor plants in Gandhinagar, highlighting India's progress in electronics manufacturing. Three plants are nearing full production. Under the India Semiconductor Mission, significant investments have been made in this sector, with new projects set to transform India into a high-tech hub.
- Country:
- India
Union Minister for Electronics and Information Technology, Ashwini Vaishnaw, conducted a comprehensive review of semiconductor plants in Gandhinagar, marking significant progress in the nation's semiconductor journey. The review meeting was attended by Gujarat's Chief Minister Bhupendra Patel, Deputy Chief Minister Harsh Sanghavi, and IT Minister Arjun Modhwadia.
Minister Vaishnaw highlighted that three semiconductor projects are set to achieve substantial production levels within the next few months, following pilot production at the Kaynes and CG sites. The Micron mini-plant has already commenced its pilot phase and is scaling up operations, while the facility in Dholera is making notable advancements.
As the world embraces digitalisation and automation, semiconductors have become vital for economic and strategic independence. With the launch of the India Semiconductor Mission in 2021, backed by a Rs 76,000 crore Production Linked Incentive scheme, India has approved significant investments in this sector. The recent inauguration of an Outsourced Semiconductor Assembly and Test Pilot Line Facility in Sanand marks a major achievement in India's tech landscape.
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