India's First Semi-conductor chip will roll out in December 2024: IT Minister By CIOTechOutlook Team

India's First Semi-conductor chip will roll out in December 2024: IT Minister

CIOTechOutlook Team | Wednesday, 20 March 2024, 05:32 IST

Ashwini Vaishnaw, Union Minister for Communications and Electronics and IT, said that by the end of December, the nation would observe the launch of the first semiconductor chip. The Union Minister was talking at the News18 Rising Bharat Summit.

At the end of February, the Union Government had sanctioned the setting up of three semiconductor units in India. The Minister underlined the vital job of conviction and the proper strategies for accomplishing this accomplishment.

"We will have the first made in India chip by December 2024. We the first attempt at this was made as far back as 1962 but unless you have the correct policy and right conviction it can't happen. PM Modi has the conviction that for Viksit Bharat we need electronics manufacturing. From TVs to power electronics, in everything we need semiconductors" the Minister said.

Vaishnaw pointed out that the Prime Minister was profoundly engaged in guaranteeing that semiconductor manufacturing would become a reality.

"When we used to ask for 45 minutes of PM Narendra Modi's time for semiconductor discussions, he used to give about 3 hours for a thorough discussion. He would discuss each element in detail line by line. All departments involved would be called personally and he would say that we need to be successful in semiconductors," Vaishnaw said.

Prime Minister Narendra Modi declared that the nation would become a worldwide center point in manufacturing earlier on March 1.

"With the Cabinet approval of 3 semiconductor units under the India Semiconductor Mission, we are further strengthening our transformative journey towards technological self-reliance. This will also ensure India emerges as a global hub in semiconductor manufacturing," PM Modi had said in a post on X.