In a significant step towards technological self-reliance, Union Minister Ashwini Vaishnaw has revealed that India is set to launch its first indigenous semiconductor chip by 2025. This initiative is part of the government’s broader strategy to bolster the country’s electronics manufacturing capabilities and reduce dependence on foreign technology. The announcement marks a pivotal moment for India, aiming to establish itself as a key player in the global semiconductor industry.
The development of the homegrown chip is expected to boost domestic tech innovation, creating new opportunities for local startups and tech companies. This move aligns with the 'Make in India' campaign, which encourages local production and innovation. By investing in semiconductor technology, India hopes to address the growing demand for chips across various sectors, including telecommunications, automotive, and consumer electronics.
The IT Minister emphasized the importance of this milestone, highlighting efforts to enhance research and development in the semiconductor sector. Collaborative initiatives with academic institutions and industry experts are underway to ensure the successful rollout of the chip. As India prepares to enter this competitive arena, the launch is anticipated to not only advance technological capabilities but also contribute significantly to the nation's economic growth.
— Authored by Next24 Live