Summary:

At the Global Investors Summit in Bhopal, Union Minister Ashwini Vaishnaw announced that India's first made-in-India semiconductor chip will begin production by 2025. Madhya Pradesh's electronics manufacturing sector has expanded rapidly under PM Modi's leadership, with 85 businesses and two recognized clusters in Bhopal and Jabalpur. The government is also training 20,000 engineers under the Future Skills Programme to support sector growth.

Five units are being developed to boost semiconductor production as part of a nationwide initiative to train 85,000 engineers in advanced semiconductor and electronics manufacturing. The Minister praised Prime Minister Modi's leadership in transforming India into a global electronics powerhouse. He also highlighted new infrastructure investments in Madhya Pradesh, such as renewable energy projects. The government's Viksit Bharat 2047 vision focuses on growth, manufacturing, and simplifying legislation.

Source: IBEF

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