With 5x the investment, India will be among top semicon producers by 2028: IT minister Ashwini Vaishnaw
Ashwini Vaishnaw, minister for electronics and IT, communications and railways.
Vaishnaw told ET that the government will be focused on execution of India’s first semiconductor fab project, by the Tata group, along with two other chip assembly proposals, in record time.
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Offering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitMITMIT Technology Leadership and InnovationVisitIndian School of BusinessISB Professional Certificate in Product ManagementVisitThe minister said the government will soon notify Telecommunications Bill rules such as right of way and user protection, which don’t need consultations. The next set of rules, which do need public consultations, will be notified after the April-May general elections. He also said Starlink’s satellite web service will be approved shortly.
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Edited excerpts:
Where does Thursday’s announcement put India on the semiconductor manufacturing map?
The three proposals approved by the Cabinet will set the foundation for the semiconductor industry. We have one very good project under construction (Micron). With these three, we will have the complete value chain of design, fabrication, assembly, testing, marking and packaging. That is one.
Second, we will have the complete spectrum of chips — high-power compute, telecom and power management — and then, the specialised chips that (are used in) space, defence and high-speed trains.
These companies form the case. With the entire ecosystem of
