A day after basis stone for 3 semiconductors initiatives price over INR 1.2 lakh crore was laid, electronics & IT minister Ashwini Vaishnaw on Thursday mentioned that 5 extra fabs are within the pipeline.
Additional, a number of meeting, testing, marking and packaging (ATMP) items can be arrange as a part of the mission to create all the worth chain, ecosystem and a “very robust” semiconductor trade in India.
“The investments within the 4 (fab) initiatives, the place development has began, is within the order of INR 1.6 lakh crore. That is just the start. Within the subsequent 5 years, we needs to be seeing at the very least 4 or 5 extra fabs and lots of extra ATMP items. We’re very open and clear to take the chance to any state that’s specializing in this trade as a result of this trade is essential for our future. At the very least eight states are working very severely for his or her future initiatives after seeing the success of the previous 4 initiatives,” he instructed reporters after inaugurating US semiconductor main Qualcomm’s design centre in Chennai.Mentioning that semiconductor is the gateway to a slew of different industries equivalent to vehicle, industrial electronics, laptops, servers, cell phone & client electronics and transportation, he mentioned it is important to get the worth chain in India. “We’ll create a really robust semiconductor trade in our nation. We may even take a look at creating many chip units from end-to-end and new merchandise totally developed in our nation,” he added.
