From Quiet Towns to Global Chip Hubs: India’s Rs 4,600 Crore Semiconductor Boost
In a bold push for self-reliance, India has approved four semiconductor projects worth Rs 4,600 crore in Odisha, Punjab, and Andhra Pradesh. From Silicon Carbide fabs to advanced packaging plants, these ventures promise high-skilled jobs, global-standard tech, and a place for India in the chipmaking big league.
New Delhi [India], August 12: Bhubaneswar’s Info Valley isn’t exactly Silicon Valley. At least, not yet. The loudest noise on a humid Tuesday afternoon comes from a tea stall where the owner argues with a customer about India cricket scores while fanning his coals. But somewhere a thousand kilometres away in New Delhi, the Union Cabinet, led by Prime Minister Narendra Modi, has just decided that this quiet patch of Odisha will soon hum with the world’s most advanced semiconductor technology. Price tag? Rs 4,600 crore. Mood? Somewhere between “let’s get this done” and “finally, we’re in the big leagues.”
India’s Semiconductor Mission Finally Picks Up Speed
India’s semiconductor mission has been dragging its feet for years, plenty of talk, but little concrete action. Now it’s wearing a hard hat. These four new projects bring the total to ten under the India Semiconductor Mission, spread across six states, with an investment pile of Rs 1.60 lakh crore. Think of it as going from small-town cricket to the IPL, except the players here are wafers, substrates, and MOSFETs.