ADD ANI AS A TRUSTED SOURCE
googleads
ANI Logo
Menu
Business

Industry leaders hail India's Semiconductor Mission as a game-changer

Industry leaders and experts see "India's Semiconductor Mission" as a game-changer as the government aims to establish a strong semiconductor industry, boosting tech manufacturing and creating jobs across the country.

ANI Feb 27, 2026 12:53 IST googleads

V. Srikanth; Ramesh Udatha; Dasari Ramakrishna

New Delhi [India], February 27 (ANI): Industry leaders and experts see "India's Semiconductor Mission" as a game-changer as the government aims to establish a strong semiconductor industry, boosting tech manufacturing and creating jobs across the country.
Industry leaders speaking to ANI today emphasised that the initiative serves as the foundation for national electronics self-reliance, aiming to reduce a long-standing dependence on volatile global supply chains. By establishing domestic fabrication units in states like Gujarat, Andhra Pradesh, and Assam, the mission seeks to secure the critical components necessary for telecommunications, digital governance, and the expanding 5G network.
V. Srikanth, Director, Department of Telecommunications, Andhra Pradesh, stated that semiconductors are the base of any electronics and are essential to modern life. He noted that the mission is helpful across domains, including telecommunications, where items like routers, switches, and antennas depend entirely on these components.
"Previously, we didn't have any fabrication labs. Now only we might be having in Gujarat and Andhra Pradesh and Assam also, the fabrication units. And also, we used to import a lot of them from other countries. Nokia companies like Nokia Ericsson, Huawei or Samsung from Korea. So if there is any disruption in the supply chain because of the global events which are not in our control, our rollout is also affected," Srikanth said.
The push for domestic production is also tied to national security and the aggressive rollout of high-speed internet. Srikanth highlighted that the government plans to connect all Gram Panchayats through Bharatnet, requiring a massive volume of electronic devices.
"If we don't have that base of the production in our country, we need to depend on imports, which is not safe, which is not good, and it may have the effects of the security may be having the issues," he said. He further mentioned that using the "Desi version" of the 4G stack developed by C-DOT and manufactured by Tejas Networks ensures that the ecosystem, from small components to end-to-end products, stays within India, providing opportunities for the nation's young engineers.
"We need not depend on imports so that Atma Nirbaratha will be there, and also on the security side, we have our own products. So it will be expected to be more secure than what we are importing and also you might be aware that BSNL is using the entire 4G stack of Desi version only, our India version only which is developed by the C.DOT which is a government PSU and also the hardware components is produced by the Tejas networks which is managed manufacturing wholly in India," he added.
Ramesh Udatha, Managing Director for RV Tech Solutions, pointed to the significant financial backing for this sector, noting the "40,000 crore fund" proposed in the Union Budget toward the semiconductor industry. He observed that India is already becoming a formidable competitor to markets like China, with Apple iPhones now being manufactured locally.
"Apple itself, Apple iPhones are manufactured in India. So, where did this innovation and the product development come from? Lots of schemes like this, what this time the government is offering is 10 years back or 15 years back," Udatha said. He credited visionary leadership for laying the foundations for electronic manufacturing hubs that are now moving toward next-generation streams like quantum computing and AI.
Dasari Ramakrishna, Former Chairman of CII and Head of the E-Technology Industry, noted that while the PLI schemes increase the capability to manufacture routine chips like memories, the next step is developing high-value solutions around these chips.
"When you are able to build the solutions around the semiconductor technology, using the semiconductor technology and solving the problems of India. Indian problems are totally different from international problems because India is a very hard country. A lot of chips what is developed, the solutions in other parts of the world may not work in India because of the higher temperatures. So all hard countries need different solutions. So the majority of the developing nations are all cold countries. So the problem is India is not getting really required solutions. This is the one opportunity I feel India has to constantly improve so that we can even sell it," Ramakrishna concluded. (ANI)

Get the App

What to Read Next

Business

Piyush Goyal meets global industry leaders to deepen trade ties

Piyush Goyal meets global industry leaders to deepen trade ties

The meetings were inclined towards bolstering India's manufacturing capabilities and deepening its integration into global supply chains. The discussions focused on expanding investment partnerships and enhancing India's role as a critical hub in the Indo-Pacific region.

Read More
Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

Adani Foundation to connect 10 lakh women nationwide

Adani Foundation to connect 10 lakh women nationwide

The Adani Foundation, today, declared that in the next one year, it will connect one lakh women in Maharashtra with the Swabhimaan initiative. For the future, Adani Foundation has announced to connect 10 lakh women in India with the same initiative and make them strong.

Read More
Business

Govt Urges Citizens to Avoid Panic Booking

Govt Urges Citizens to Avoid Panic Booking

Amid global energy disruptions following the closure of the Strait of Hormuz, the government has assured that the domestic supply of LPG, petrol, diesel, kerosene, and natural gas remains stable, while citizens are urged to avoid panic booking and conserve fuel, said Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, today.

Read More
Business

India Emerging as Stable Investment Anchor in Turbulent Global

India Emerging as Stable Investment Anchor in Turbulent Global

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

Read More
Business

Sarbabharatiya Sangeet O Sanskriti Parishad Convenes 48th Annual

Sarbabharatiya Sangeet O Sanskriti Parishad Convenes 48th Annual

Kolkata (West Bengal) [India], March 12: Sarbabharatiya Sangeet O Sanskriti Parishad officially commenced its 48th Annual Convocation yesterday, March 11, at the historic Mahajati Sadan, Kolkata. The three-day event, running from March 11 to 13, celebrates the institution's legacy of cultural service and its mission to bridge traditional heritage with a modernized future.

Read More
Business

Indian envoy in Shanghai meets Ant Group top official

Indian envoy in Shanghai meets Ant Group top official

Consulate General of India in Shanghai Pratik Mathur on Thursday met Carrie Suen, Vice President and Head of Global Affairs and Strategic Development of Ant Group.

Read More
Business

AdvantageClub.ai Celebrates 100 Global Women HR Leaders Driving

AdvantageClub.ai Celebrates 100 Global Women HR Leaders Driving

Gurugram (Haryana) [India], March 12: AdvantageClub.ai, a global AI-powered employee rewards, recognition and wellbeing platform, has unveiled the winners of the Most Admired Women Awards (MAW) 2026, honouring 100 outstanding women HR leaders who are driving transformation across the global workplace landscape.

Read More
Business

"No shortage of petrol, diesel, kerosene, ATF or fuel oil"

"India has sufficient gas production and supply arrangements to sustain this position even in the event of a prolonged conflict. Power generation for every household and for industry is fully protected," Hardeep Singh Puri said. Opposition members sloganeered and protested against Puri's remarks.

Read More
Business

Finkurve Financial Services Limited (Arvog)

Finkurve Financial Services Limited (Arvog)

Mumbai (Maharashtra) [India], March 12: Finkurve Financial Services Limited (BSE: 508954), among leading Tech-first Gold Loan NBFC, announced that the Company has crossed Rs. 1,035 crore+ in Assets Under Management (AUM) surged by nearly 10x compared to FY23, marking a significant milestone in the company's growth trajectory within India's secured lending ecosystem.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.