India’s 1st semicon fab expected this yr
Focus on components where country can lead: Vaishnaw
Telecom and EVs have emerged as a big segment for semiconductors. If we focus on developing and manufacturing chips used in these segments then we can become global leaders in these two segments -- Aswhini Vaishnaw, IT minister
New Delhi: India’s first electronic chip manufacturing plant is expected to be in place within a year, according to Union Telecom and IT Minister Aswhini Vaishnaw. The government has initially earmarked $10 billion incentive for setting up a semiconductor manufacturing ecosystem in the country including a wafer fabrication plant. The wafer fabrication plants are the first building block of physical chips that are used in all high-tech electronic products.
“We are focussing on some niche area where we can take global leadership. Telecom and EV (electric vehicles) have emerged as a big segment for semiconductors. If we focus on developing and manufacturing chips used in these segments then we can become global leaders in these two segments,” Vaishnaw told PTI in an interview.
He said the work is being done with a focus on these emerging areas. “We should have some good success in the coming months. It will be fab (wafer fabrication), design, manufacturing, complete (ecosystem),” Vaishnaw said.
