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With several chip manufacturers setting up shop and investing in India, Indian consumers will see the first made-in-India semicon chip as early as December 2024, said Union IT Minister Ashwini Vaishnaw.
“Mark your calendars for December 2024, when the market will see the first made-in-India semiconductor.”
Union IT Minister Ashwini Vaishnaw was speaking at News18’s Rising Bharat Summit 2024, where he discussed Digital India, India’s semiconductor dreams, and when India will finally arrive at the global stage of designing and making its own semiconductors.
Intent and conviction in India’s manufacturing
India had several domestic semiconductor manufacturing units before, but it needed to grow more to become a nation with its semiconductor industry.
“India has been trying to establish a semicon industry since 1962, but we failed because those attempts lacked intent and the right conviction,” said Minister Vaishnaw. PM Modi brought that conviction and intent,” he added.
Electronics manufacturing is a core element of Viksit Bharat’s foundations, and at its core is India Semicon. “From your TVs to your refrigerators, from your power electronics to the telecom machinery, from electronics in defense tech to the electronics in your car, semiconductors are at the core of it all.”
The current government and its relationship to semiconductors are PM Modi’s dream projects. “The intent and conviction that the Prime Minister has for this mission are unparalleled. No other prime minister has ever had this vision.”
India Semicon
Minister Vaishnaw explained just how essential India Semicon is to PM Modi’s vision of Viksit Bharat by giving a few examples of how he conducts his meetings regarding semiconductors.
“Whenever we asked for a 30-45 minute meeting with the PM to discuss semiconductors, he would often be in those meetings for over 3 hours. He would discuss everything in great detail, often going through the agenda line by line,” he said.
“PM Modi would also take every concerned department on board, personally meet them, and engage with them. He did not give us the option to fail—‘We have to succeed in making India a semiconductor-manufacturing hub,’ he would say often,” said the minister.
