• About Us
  • Contact us
  • Privacy Policy
Advertisement
  • Home
  • Governance
  • India
  • Digital
  • Industry
  • Infrastructure
  • Economy
  • PSE
  • Health
  • E Magazine
No Result
View All Result
  • Home
  • Governance
  • India
  • Digital
  • Industry
  • Infrastructure
  • Economy
  • PSE
  • Health
  • E Magazine
No Result
View All Result
No Result
View All Result
Home Digital

India on hi-tech highway

Nivedita by Nivedita
September 19, 2024
in Digital, Infrastructure, Innovation
India on hi-tech highway
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

By Santosh Kumar

India is undergoing a significant technological and industrial transformation, transitioning to an automated, process-driven manufacturing sector to enhance efficiency and productivity.

The government’s intent to transform India into a global electronics and semiconductor hub is aided by initiatives such as the Production-Linked Incentive (PLI) schemes, mega industrial corridors, and significant investments.

Along with these, India’s renewable energy drive, particularly in solar energy and EV adoption, puts the country at the forefront of clean energy technologies.

The SEMICON India 2024, which was held from September 11-13, 2024, at the India Exposition Mart, Greater Noida, turned out to be a landmark event in this direction, bringing together not only global leaders in the semiconductor space but also stakeholders from various high-tech industries.

With India emerging as a focal point for renewable energy, electric vehicles (EVs), and the National Green Hydrogen Mission, the discussions at the event on manufacturing, sustainability, workforce development, and government policies fostering innovation, shed light on its viability for the country.

India’s renewable energy, electric vehicles, and National Green Hydrogen Mission emerged as the focal points during the event, where discussions on manufacturing, sustainability, workforce development, and innovation-fostering government policies took place.

India Semiconductor Mission

Semiconductors, also known as integrated circuits (ICs) or microchips, are essential components of our daily lives because they play an important role in the production of electronics such as phones, computers, automobiles, planes, medical instruments, military weapons, home and kitchen appliances, and solar cells.

Semiconductor chips are found in all electronic instruments, helping to improve and evolve a wide range of applications including communications, computing devices, health care, military systems, transportation, and clean energy. Semiconductors are critical for sustaining cutting-edge technology and are expected to play an even greater role in the development of emerging technologies such as artificial intelligence (AI), 5G, the Internet of Things (IoT), smart cars and factories, robotics, and so on.

Recognizing the importance of a strong and comprehensive policy framework, the Union Cabinet approved the Semicon India plan in 2021, allocating INR 76,000 crore to establish a sustainable semiconductor and display ecosystem.

The Semicon India Program aims to boost semiconductor and display manufacturing by encouraging capital investments and technology collaborations.  India has devised policies to assist all aspects of the semiconductor ecosystem, not just fabs, but also packaging, display wires, OSATs, sensors, and more.

India’s semiconductor ecosystem has gained substantial traction, with numerous landmark projects receiving approval. The first major project with Micron was approved for Rs 22,000 crore, while Tata’s joint venture with Taiwan’s Powerchip in Dholera is another notable example.. Currently, there are five such proposals, with a combined investment of over Rs 1.52 lakh crore.

The Union Cabinet recently approved Kaynes Semicon Pvt Ltd’s proposal to set up a semiconductor plant in Sanand, Gujarat. The projected facility will be built at an investment of Rs 3,300 crore. Its capacity will be 60 lakh chips per day. This unit’s chips will be used in a wide range of applications, including industrial, automotive, electric vehicles, consumer electronics, telecom, and mobile phones.

Earlier, on February 29, 2024, the Union Cabinet approved the establishment of three semiconductor units under the ‘Development of Semiconductors and Display Manufacturing Ecosystems in India’ program.

  1. Semiconductor Fab with 50,000 wfsm capacity:

Tata Electronics Private Limited (TEPL) will set up a semiconductor factory in partnership with Powerchip Semiconductor Manufacturing Corp. (PSMC) of Taiwan. This fab will be constructed in Dholera, Gujarat, with a cost of Rs. 91,000 crore.

Capacity: 50,000 wafer starts per month (WSPM)

  1. Semiconductor ATMP unit in Assam:

Tata Semiconductor Assembly and Test Pvt Ltd (“TSAT”) will set up a semiconductor unit in Morigaon, Assam. This unit will be set up with an investment of Rs. 27,000 crore.

Capacity: 48 million per day

It is expected to generate 15,000 direct and 11,000-13,000 indirect jobs.

  1. Semiconductor ATMP unit for specialized chips:

CG Power, in partnership with Renesas Electronics Corporation, Japan, and Stars Microelectronics, Thailand, will set up a semiconductor unit in Sanand, Gujarat. This unit will be set up with an investment of Rs. 7,600 crore.

Capacity: 15 million per day

  1. Micron Semiconductor Facility: Memory and Storage Products Sanad, Gujarat

Investment: A capital investment of Rs 22,516 crore with 50% fiscal support from the Government of India on a pari passu (equal-footing) basis.

Employment: expected to create up to 5,000 direct and 15,000 indirect job opportunities over the next five years.

India is expanding its semiconductor ecosystem by setting up units, improving chip design capabilities, and speeding employment creation in industries such as automotive, electronics, telecom, and industrial.

Source :https://pib.gov.in/PressNoteDetails.aspx?NoteId=152130&ModuleId=3

Previous Post

Cygni Energy partners with HiNa

Next Post

UN adopts Pact for the Future to transform global governance

Nivedita

Nivedita

Next Post
UN adopts Pact for the Future to transform global governance

UN adopts Pact for the Future to transform global governance

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
MapleCloud charts ₹100 crore growth path at PartnerSphere 2025

MapleCloud charts ₹100 crore growth path at PartnerSphere 2025

July 10, 2025
From degree fraud to DGP: Anurag Gupta’s trail of turmoil

From degree fraud to DGP: Anurag Gupta’s trail of turmoil

July 2, 2025
Who controls the IPS? SC to decide in Jharkhand case

Who controls the IPS? SC to decide in Jharkhand case

July 2, 2025
IIS officer Samrat Bandopadhyay sets learning benchmarks, lives the motto ‘Walk the Talk’

IIS officer Samrat Bandopadhyay sets learning benchmarks, lives the motto ‘Walk the Talk’

June 17, 2025
Mucormycosis or fungal infection : Deadly sequel of Covid-19

Mucormycosis or fungal infection : Deadly sequel of Covid-19

1

Village Roadshow Entertainment Secures $480 Million

0
APSC needs financial autonomy to tone up working

APSC needs financial autonomy to tone up working

0
Corruption down revenue up

Corruption down revenue up

0
NITI Aayog releases second NER district SDG index; 85% of districts improve

NITI Aayog releases second NER district SDG index; 85% of districts improve

July 12, 2025
REC pledges ₹20 Crore for education of martyrs’ children, ex-servicemen’s families

REC pledges ₹20 Crore for education of martyrs’ children, ex-servicemen’s families

July 11, 2025
DoT rolls out Sanchar Mitra scheme nationwide, taps students as digital ambassadors

DoT rolls out Sanchar Mitra scheme nationwide, taps students as digital ambassadors

July 11, 2025
UPI 3.0 empowers smart devices to make payments, NPCI targets 1 bn daily transactions

UPI 3.0 empowers smart devices to make payments, NPCI targets 1 bn daily transactions

July 11, 2025

Recent News

NITI Aayog releases second NER district SDG index; 85% of districts improve

NITI Aayog releases second NER district SDG index; 85% of districts improve

July 12, 2025
REC pledges ₹20 Crore for education of martyrs’ children, ex-servicemen’s families

REC pledges ₹20 Crore for education of martyrs’ children, ex-servicemen’s families

July 11, 2025
DoT rolls out Sanchar Mitra scheme nationwide, taps students as digital ambassadors

DoT rolls out Sanchar Mitra scheme nationwide, taps students as digital ambassadors

July 11, 2025
UPI 3.0 empowers smart devices to make payments, NPCI targets 1 bn daily transactions

UPI 3.0 empowers smart devices to make payments, NPCI targets 1 bn daily transactions

July 11, 2025
Smart Governance

Smart Governance is a community engagement platform bringing together decision-makers and bureaucrats from the Indian Government together through a strategic mix of platforms such as Print, Digital, Live Events, Virtual Events, Research, and Training platforms.

Follow Us

Browse by Category

  • Digital
  • Economy
  • Education
  • Governance
  • Health
  • India
  • Industry
  • Infrastructure
  • Innovation
  • Interviews
  • My View
  • News
  • PSE
  • Uncategorized

Recent News

NITI Aayog releases second NER district SDG index; 85% of districts improve

NITI Aayog releases second NER district SDG index; 85% of districts improve

July 12, 2025
REC pledges ₹20 Crore for education of martyrs’ children, ex-servicemen’s families

REC pledges ₹20 Crore for education of martyrs’ children, ex-servicemen’s families

July 11, 2025
  • About Us
  • Contact us
  • Privacy Policy

© 2025 Smart Governace

No Result
View All Result
  • Home
  • Governance
  • India
  • Digital
  • Industry
  • Infrastructure
  • Economy
  • PSE
  • Health
  • E Magazine

© 2025 Smart Governace