India’s Semiconductor Mission covers all main sectors: IT Minister

Sanand

Highlighting the broad scope of India Semiconductor Mission (ISM), Union Minister Ashwini Vaishnaw on Tuesday mentioned that each one main areas have been lined, together with the manufacturing of semiconductors for drones.

Speaking to ANI, after the inauguration of the superior Outsourced Semiconductor Assembly and Test (OSAT) facility of CG Semi Private Limited in Sanand, Gujarat, the Minister mentioned, “Ten projects have been approved, covering almost every sector of the country–whether it’s automotive, telecom, consumer electronics, or display modules. From a strategic perspective, important areas like drone manufacturing will also have semiconductor production taking place in India.”

“PM Narendra Modi approved the semiconductor mission in 2022, and as part of that, the world’s best semiconductor experts worked hard to make it a reality.”

“The construction of those approved in 2023-24 is progressing well. The pilot line of CG Power has begun today. This pilot line is an advanced one. Production of the first made-in-India chip will begin soon… Developing the semiconductor industry is a vital step towards a self-reliant India,” he added.

Speaking on the inauguration occasion, Vaishnaw introduced that Prime Minister Narendra Modi will “soon” dedicate the nation’s first chip produced at this facility.

“CG Power’s pilot line was inaugurated here today, and very soon, the chip produced from this pilot line will be dedicated to the nation by the Prime Minister,” Vaishnaw mentioned.

CG Power and Industrial Solutions Ltd arrange its semiconductor OSAT unit in Sanand in partnership with Renesas Electronics America Inc. and Stars Microelectronics (Thailand) Public Co. Ltd., with a complete funding of roughly Rs 7,600 crore.

Speaking concerning the upcoming Semicon India 2025, the Union Minister asserted, “Developing the semiconductor industry is a very important step towards making India self-reliant. The Prime Minister approved the Semiconductor Mission in 2022, and under this mission, global experts have worked, leading to the emergence of some good projects.”

The India Semiconductor Mission (ISM), launched with a Rs 76,000 crore outlay, is the Indian authorities’s complete program permitted by the Union Cabinet in December 2021 to construct a strong semiconductor and show manufacturing ecosystem within the nation, aiming to strengthen India’s place in world electronics worth chains.

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Key actions embrace offering monetary assist for fabrication and chip design, establishing an impartial division inside Digital India Corporation to drive technique, and fostering a worldwide semiconductor hub via occasions like SEMICON India.