Under the Theme Charkha to Chips, India is to realise the conscience of chip manufacturing in the country and its way forward to develop a perfect ecosystem for semiconductor manufacturing while entitling newer avenues in Innovation pertaining to Traditional and Newer Forms.
A new chapter for the semiconductor industry under the current Indian Government strives to roll up its sleeves for a chip manufacturing ecosystem across the country.
Industry leaders and ESDM sector veterans have shared positive notes with the current Government under the leadership of Prime Minister Narendra Modi for its striding endeavour to foster indigenous semiconductor and chip manufacturing.
India aims to vigorously set its benchmark in the global semiconductor community by creating a semiconductor hub. The country aims to drive innovation and economic growth while securing technological sovereignty.
“India’s journey from Charkha to Chips signifies a remarkable transformation towards a Vikasit Bharat. Congratulations to Renesas Electronics on the groundbreaking ceremony for India’s Semiconductor FAB. This milestone marks a significant step forward, paving the way for advanced chip manufacturing capabilities within our borders, Together, IESA community fostering indigenous semiconductor manufacturing, driving innovation and economic growth – IESA’s Official LinkedIn Handle Posted.”
Under the Theme Charkha to Chips, India is to realise the conscience of chip manufacturing in the country and its way forward to develop a perfect ecosystem for semiconductor manufacturing while entitling newer avenues in Innovation pertaining to Traditional and Newer Forms.
Key Comments on Charkha to Chips
“It has been more than 40 years since our initial conception of this goal; however, it continues to remain an unrealised expectation owing to the previous administration’s failure to acknowledge the potential of the semiconductor industry,” said Dr Ajai Chowdhry, HCL Founder and Chairman of EPIC Foundation.
According to Ashok Chandak, President of the India Electronics and Semiconductor Association (IESA), the proactive support from the Gujarat government, MeitY and Assam government in expediting three crucial ventures is commendable.
“With Tata Electronics and Renesas Electronics Corporation, a key member of IESA, leading this initiative, we proudly witness the culmination of collective efforts towards fostering indigenous semiconductor manufacturing,” Chandak said in a statement.
“From charkha to chips and ancient Harappan civilisation to modern digital transformation powered by semiconductors, we are heading towards a developed India,” he added.
Key Announcements to Establish The Chip Manufacturing Ecosystem under Charkha to Chips
Tata Group and Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) have come together to lay the foundation of the first semiconductor chip plant in Gujarat’s Dholera. Government subsidies from both central and state authorities are anticipated to cover up to 70 per cent of the project expenses, making the Dholera facility India’s premier commercial semiconductor fab, a longstanding goal of the government.
Another chip assembly, testing, monitoring, and packing (ATMP) unit with a capacity of 48 million per day by Tata Semiconductor Assembly and Test Pvt Ltd (TSAT) in Morigaon, Assam, will be set up with an investment of Rs 27,000 crore.
The third semiconductor ATMP unit for specialised chips will be set up by CG Power, in partnership with Renesas Electronics Corporation, Japan and Stars Microelectronics, Thailand in Sanand, Gujarat, with a capacity of 15 million per day at an investment of Rs 7,600 crore.
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