India is positioning itself as a significant player in semiconductor manufacturing, with support from countries such as the US, EU, UK, Japan, and Singapore. According to S. Krishnan, Secretary of the Ministry of Electronics and IT, pilot facilities by Micron and Tata Electronics have successfully produced chips, and their main plants in Gujarat are set to begin production by late 2025. The Indian government has approved investments totaling ₹1.5 lakh crore to boost this initiative.
Geopolitical Context:
The current geopolitical climate has prompted nations to recognize the strategic importance of semiconductors. Krishnan emphasized that the pandemic highlighted vulnerabilities in supply chains, driving home the need for greater resilience and diversification in semiconductor sourcing.
Collaborative Efforts:
To enhance global semiconductor production resilience, India is collaborating with several nations. Agreements have been established with key partners, reflecting a unified approach to bolster semiconductor manufacturing capabilities.
Investment and Infrastructure:
The government has cleared multiple projects under the India Semiconductor Mission, with Micron’s plant construction in Gujarat nearing completion. Additionally, Tata Electronics has launched a pilot facility in Karnataka, both of which are expected to contribute significantly to India’s semiconductor ecosystem.
Industry Interest:
There has been a notable surge in interest from semiconductor companies in India, with participation in upcoming industry events increasing fourfold. This excitement signals confidence in India’s potential as a major semiconductor manufacturing destination, tapping into its skilled workforce and growing market.
Krishnan expressed optimism about India’s ability to meet global semiconductor demands, highlighting the country’s capability to produce chips and serve as a vital player in the international semiconductor landscape.
To find out more, we recommend the bath report: https://economictimes.indiatimes.com/industry/cons-products/electronics/like-minded-nations-collaborating-with-india-to-make-it-a-chip-manufacturing-hub-krishnan/articleshow/113170791.cms?from=mdr