India aims to become a major semiconductor manufacturing hub by 2025

telecom.economictimes.indiatimes.com

India is positioning itself as a major semiconductor manufacturing hub, according to Union Minister Ashwini Vaishnaw. The government has approved five semiconductor projects, with investments totaling around Rs 1.52 lakh crore. Micron Technology plans to produce its first chips in India by early 2025. Construction is underway for semiconductor facilities, including CG Power and Tata's ATMP facility in Assam. India's semiconductor market is expected to grow to $64 billion by 2026, nearly tripling since 2019. Initiatives like the 'Semicon India' program aim to support various aspects of semiconductor production and boost the industry.


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India aims to become a major semiconductor manufacturing hub by 2025 | News Minimalist