India is Set to Launch Its First Indigenous Semiconductor Chip, as Five Semiconductor Units Are Under Construction: Ashwini Vaishnaw
India is poised to make a significant breakthrough in the semiconductor industry with the launch of its first indigenous semiconductor chip. Union Minister for Electronics and IT, Ashwini Vaishnaw, recently announced that five semiconductor fabrication units are currently under construction, marking a major step towards self-reliance in chip manufacturing. This initiative is part of India’s broader strategy to reduce dependence on foreign semiconductor imports and establish itself as a global hub for chip production. With substantial investments from both government and private players, the country aims to strengthen its digital infrastructure and support industries like electronics, telecom, and automotive manufacturing. The development aligns with Prime Minister Narendra Modi’s vision of “Atmanirbhar Bharat” (Self-Reliant India) and is expected to boost India’s economy, generate jobs, and attract foreign investments in the technology sector. The launch of the first homegrown se...