PM says India can become hub of chip-making industry

Source: The post is based on the article “PM says India can become hub of chip-making industry”  published in The Hindu on 29th July 2023.

What is the News?

The Prime Minister has inaugurated the ‘Semicon India 2023’ conclave in Gujarat. This is the second edition of the conference, which was first held in 2022.

What is Semicon India 2023?

Organized by: India Semiconductor Mission in partnership with industry and industry associations.

Aim: To make India a global hub for Semiconductor Design, Manufacturing and Technology Development which will help propel the vision of India Semiconductor Mission.

Theme: “Catalysing India’s Semiconductor Ecosystem” 

What are the key highlights from PM’s address at Semicon India 2023?

India would emerge as a global hub of semiconductor and chip-making industry.

India has made huge progress in the electronic manufacturing sector which has grown from $30 billion to over $100 billion.

India’s exports of electronic manufacturing have doubled in the past few years and today has over 200 mobile manufacturing units. 

Broadband users in the country have increased from 60 million in 2014 to 800 million.

India has identified more than 300 colleges where semiconductor courses will be available. In the next 5 years, we will have more than 1 lakh Semicon design engineers.