The industry leaders at Semicon India 2025 highlighted the crucial role of government support and collaboration in shaping India's semiconductor ambitions.
Highlighting the broad scope of India Semiconductor Mission (ISM), Union Minister Ashwini Vaishnaw on Tuesday said that all major areas have been covered, including the manufacturing of semiconductors for drones.
The first-ever 'Made in India' semiconductor chips is expected to roll out of the assembly lines by the end of 2025, Jitin Prasada, Minister of State for Electronics and Information Technology, said.
India's push to build its own semiconductor ecosystem received fresh endorsement after Union Minister for Electronics and Information Technology Ashwini Vaishnaw lauded the progress in chip manufacturing, calling it a crucial step toward becoming a "product nation".
Prime Minister Narendra Modi, addressing the nation from the ramparts of the Red Fort on Independence Day, announced that Made-in-India semiconductor chips will be available in the market by the end of this year, marking a major milestone in India's technological journey.
Taiwan Semiconductor Manufacturing Co. (TSMC) will shut down its 6-inch wafer business within the next two years and continue to consolidate its 8-inch wafer business as part of a plan to improve efficiency and focus on larger wafer production
Highlighting the role of India's young talent in the technology sector, Union Minister of Electronics & Information Technology Ashwini Vaishnaw noted that 20 indigenous student-designed semiconductor chips have been successfully fabricated at the Semi-Conductor Laboratory (SCL) in Mohali
In a significant stride towards establishing digital sovereignty, the central government's ambitious semiconductor mission is being hailed as a transformative step in securing the country's control over its digital infrastructure.
The Ministry of Electronics and Information Technology (MeitY) announced the sanction of 23 chip-design projects for financial support under the Design Linked Incentive (DLI) Scheme.