Summary:

Union Minister Ashwini Vaishnaw highlighted India's semiconductor sector success at SEMICON India. He announced the approval and ongoing construction of five units, including Micron and Morigaon Tata, with three more set to begin soon. He also revealed that Semicon 2.0, an expanded version of the existing policy, will be introduced in 3-4 months. He mentioned semiconductor investments in three to four states and plans for a new factory in Uttar Pradesh.

He emphasized the government's goal of training 85,000 engineers and technicians over the next decade. He cited the Lam Research Semiverse Programme, which has trained 2,600 students from 74 institutions this year. AMB's new global design facility in Bengaluru employs 5,000 engineers, and Applied Materials has opened its first India validation centre. The growth in semiconductor units is expected to boost various industries, supporting Prime Minister Modi's vision of technological democratization.

Source: IBEF 

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