Semiconductor manufacturing to install within 2-3 years: IT minister
Technology

Semiconductor manufacturing to install within 2-3 years: IT minister

Minister of Electronics & Information Technology Ashwini Vaishnaw told the media that a decision as complex as installing semiconductor manufacturing in India has a timeframe of 2-3 years, and as India’s ambitious scheme progresses, more global names are likely to come in.

Stipulating that only four months have passed since the programme to invite semiconductor manufacturers to establish a base in India was launched, He also talked about how the federal government plans to promote home producers to build capability in this area.

Various giant names from the semiconductor area are yet lacking from the programme, but they will be used.

Almost all world majors have now included India as a core focus of their business plans. For any such complicated and massive funding resolution, globally, the expertise has been that the timeframe for them has been 2-3 years.

As it progresses, there should always be extra names coming in. It’s only been four months since the programme was launched, and there’s been a great improvement. The programme had room for each massive and mid-sized business developing expertise within the area. Design companies have established a wonderful response — now the ministry has magnificent responses from innovators, kids, and startups in keeping with the expectations.

Prime Minister Narendra Modi said that this could be a 20-plus-year plan. This is one thing that would be the grounds of the financial system. For this era, that is as necessary as we thought of electrical energy 20 years ago. So it will be a long-term programme, and as the ministry explores this primary programme, they are going to tweak it and take it forward.

Image Source

Also read: India to consume $80 bn semiconductors to produce $300 bn electronic

Minister of Electronics & Information Technology Ashwini Vaishnaw told the media that a decision as complex as installing semiconductor manufacturing in India has a timeframe of 2-3 years, and as India’s ambitious scheme progresses, more global names are likely to come in. Stipulating that only four months have passed since the programme to invite semiconductor manufacturers to establish a base in India was launched, He also talked about how the federal government plans to promote home producers to build capability in this area. Various giant names from the semiconductor area are yet lacking from the programme, but they will be used. Almost all world majors have now included India as a core focus of their business plans. For any such complicated and massive funding resolution, globally, the expertise has been that the timeframe for them has been 2-3 years. As it progresses, there should always be extra names coming in. It’s only been four months since the programme was launched, and there’s been a great improvement. The programme had room for each massive and mid-sized business developing expertise within the area. Design companies have established a wonderful response — now the ministry has magnificent responses from innovators, kids, and startups in keeping with the expectations. Prime Minister Narendra Modi said that this could be a 20-plus-year plan. This is one thing that would be the grounds of the financial system. For this era, that is as necessary as we thought of electrical energy 20 years ago. So it will be a long-term programme, and as the ministry explores this primary programme, they are going to tweak it and take it forward. Image Source Also read: India to consume $80 bn semiconductors to produce $300 bn electronic

Next Story
Infrastructure Urban

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

Next Story
Real Estate

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

Next Story
Infrastructure Transport

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?