Semiconductor manufacturing attracts interest from global companies: Ashwini Vaishnaw
Published By : Prameya News Bureau | April 05, 2022 IST
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New Delhi, Apr 5: Ashwini Vaishnaw, Union Minister for Electronics & Information Technology, Communications and Railways informed that the government had approved the Semicon India Program (Program for Development of Semiconductors and Display Manufacturing Ecosystem in India), with an outlay of INR 760 billion for the development of a sustainable semiconductor and display manufacturing ecosystem in India on December 15, 2021. “Semiconductor manufacturing, which is crucial to meet the strategic needs of the country, has attracted interest from global companies as good number of applications have been received under the programme” , he further informed. Vaishnaw was addressing members of the Parliamentary Consultative Committee attached to the Ministry of Electronics & Information Technology (MeitY) which was held here last evening. Ashwini Vaishnaw apprised the participants that Several state governments like Gujarat, Madhya Pradesh, Karnataka, Odisha, Telangana, Andhra Pradesh and Tamil Nadu are in talks with the companies to set up Semiconductor manufacturing plants/fab complexes.
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