India Semiconductor Mission: Narendra Modi-chaired Cabinet approves one more semiconductor unit
With the objective to develop a vibrant semiconductor ecosystem, the Union Cabinet chaired by Prime Minister Narendra Modi approved the proposal of Kaynes Semicon Pvt Ltd to setup a semiconductor unit in Sanand, Gujarat.
India, USA and South Korean officials have recently committed to coordinate measures to protect sensitive technologies and build trusted technology ecosystems in the region and globally.
Indian PM Narendra Modi addressed ‘India’s Techade: Chips for Viksit Bharat’ program and laid the foundation stone for three semiconductor projects worth about Rs 1.25 lakh crores via video conferencing on Wednesday.
India’s ambitious semiconductor manufacturing plan
Just as the Government of India has prioritised the construction of roads to connect the country, it has embarked on an ambitious plan to make India self-sufficient in the production of semiconductor chips.