Prime Minister Narendra Modi on Thursday introduced that India’s first domestically manufactured semiconductor chips might be obtainable available in the market by the tip of 2025, marking a significant step in direction of technological self-reliance, ETTech stories.
Addressing the nation from the Pink Fort on the 79th Independence Day, Modi stated the twenty first century is “technology-driven” and referred to as for India to guide in important sectors resembling semiconductors, synthetic intelligence, and clear power.
“Fifty to sixty years in the past, we started speaking about semiconductor factories. However recordsdata have been caught, selections suspended… we misplaced many years. Now, we’re shifting ahead in mission mode, with six semiconductor models deliberate and 4 already authorized,” he stated.
The announcement comes below India’s Semiconductor Mission, geared toward decreasing dependence on imports and positioning the nation as a worldwide chip manufacturing hub. Modi linked the hassle to the imaginative and prescient of Viksit Bharat by 2047, noting that home chip manufacturing will bolster industries resembling defence, digital infrastructure, and clear power.
Earlier this week, the Union Cupboard cleared 4 semiconductor initiatives value ₹4,594 crore, taking the entire authorized services to 10 and projected investments to about ₹1.6 lakh crore throughout six states.
