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Technology
India to Launch Four Semiconductor Plants by End of 2024, Says Minister Ashwini Vaishnaw
✍️ DD News
🗓 20 Jul 2026, 09:34 AM
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Electronics Minister Ashwini Vaishnaw announced that four semiconductor manufacturing plants will become operational in India within the year, marking a significant step toward boosting domestic chip production.
Electronics Minister Ashwini Vaishnaw confirmed that four semiconductor plants will be operational in India by the end of the year, according to a recent announcement.
The new facilities are expected to support the growing demand for integrated circuits in electronics, automotive and telecommunications sectors, helping reduce dependence on imported chips.
Details such as the exact locations and production capacities of the plants were not disclosed, but officials said the projects are part of the government's broader semiconductor development strategy.
The move is seen as a step toward strengthening India's position in the global chip market and is likely to attract investment and create skilled employment opportunities.
The new facilities are expected to support the growing demand for integrated circuits in electronics, automotive and telecommunications sectors, helping reduce dependence on imported chips.
Details such as the exact locations and production capacities of the plants were not disclosed, but officials said the projects are part of the government's broader semiconductor development strategy.
The move is seen as a step toward strengthening India's position in the global chip market and is likely to attract investment and create skilled employment opportunities.