India's Leap into Semiconductor Manufacturing: 'Made in India' Chips to Hit Market by December 2024
Story by Grand Ortus Team, Suresh Mallick
In a significant stride towards technological self-sufficiency, India is poised to witness the emergence of its first domestically manufactured semiconductor chip, with Union Minister of IT, Ashwini Vaishnaw, affirming that these 'Made in India' chips will be available in the market by December 2024. Vaishnaw made this announcement at the prestigious News18 Rising Bharat Summit, held in New Delhi on March 19 and 20, underlining the nation's burgeoning prowess in the electronics domain.
Highlighting the transformative potential of this development, Vaishnaw emphasized India's evolution into an electronics hub, citing the impressive statistic of $1 billion worth of telecommunication equipment being exported from the country. This achievement underscores India's escalating prominence on the global stage, as it increasingly assumes a central role in the electronics supply chain.
Notably, the journey towards indigenous chip manufacturing has been a concerted effort, with strategic partnerships and investments playing a pivotal role. Vaishnaw elucidated that the maiden 'Made in India' chips will originate from the chip manufacturing plant jointly operated by Tata Electronics and CG Power in Dholera, Gujarat. This landmark initiative signifies a paradigm shift, positioning India as a key player in the global semiconductor landscape.
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Moreover, the minister's projections extend beyond mere chip production, envisioning India as one of the top five chip ecosystems worldwide by 2029. Such ambitious aspirations underscore the government's commitment to fostering a conducive environment for innovation and technological advancement.
Beyond the realm of electronics, Vaishnaw also touched upon the transformative reforms underway in the Indian Railways sector. Emphasizing a departure from the politicization of railways in the past, he outlined the government's strategic initiatives aimed at revitalizing this critical infrastructure. With meticulous planning and visionary leadership, the Indian Railways is poised for a trajectory of sustainable growth, a sentiment echoed by the optimism among railway employees regarding the sector's future prospects.
As India propels itself towards technological self-sufficiency, the advent of 'Made in India' chips stands as a testament to the nation's unwavering resolve to chart its course in the global arena of innovation and enterprise. With each milestone achieved, India solidifies its position as a beacon of progress and possibility, poised to shape the future of the digital age.
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