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25
OtherJan 27, 2026 07:32 PM

India working to develop two nanometer chip by 2035, be among top semiconductor producers: Vaishnaw

(Eds: With correction in spelling in Hdg, and adding matter) New Delhi, Jan 27 (UNI) Minister of Electronics and Information Technology Ashwini Vaishnaw on Tuesday expressed confidence that as the country moves towards 2029, and the second phase of country's semiconductor mission (Semicon 2.0), to expand chip making, natures, India will become a major global player in the area. The minister said that the country has mapped out the path from going to 28 nanometer (nm) to 7 nm, 7 to 3 nm, adding that the country has studied as to how Taiwan, Japan, South Korea and other nations have taken this journey in chip building. "After studying all of this, also based on the talent India has, the nation has chalked out a path towards 2 nano meters," he said. Experts explain that the transition from 28nm to 7nm and 2nm represents a generational reduction in transistor size, allowing for exponentially higher transistor density, faster performance, and better energy efficiency. Vaishnaw exuding confidence, claimed that the "world now believes that by 2035 India will be amongst most important semi- conductor nations in the world". Speaking on the sidelines of an event in New Delhi on Tuesday, the minister stated that country is going to create own Intellectual Property (IP) in six systems including Radio Frequency, networking, power, sensor and memory under its semiconductor mission. Vaishnaw said that upon completion of four years of the country's semiconductor mission, "around ten projects are under development, while production for four is going to begin in this year". He also shared that so far 24 project startups that have come forward in the domain have designed semiconductor chips, while in over 300 institutions, the students have been imparted skills and training for designing semiconductor chips. Vaishnaw, who was addressing a gathering of chip designs startups here, said that "conversion is taking place, and the country is becoming not just a service provider, but also a product manufacturing nation." The minister said that the journey had started in 2022, from a semiconductor machine, and Prime Minister Narendra Modi had very clearly said that an entire ecosystem must be developed. And in a very short time period the country now has two dozen startups as a part of the program. He said that support that India's semiconductor mission has given is very unique, and the intention is to double the same, and in the next version of our semiconductor mission, the plan is to get at least 50 companies in the country. The government of India is investing Rs 4,500 Cr Semi Conductor Laboratory (SCL) Mohali which was on the oldest chip design laboratory in Asia. Recently, Vaishnaw had paid a visit to ASML Headquarters in Veldhoven, Netherlands, and had said that it is the world's leading provider of lithographic tools. "Our fab in Dholera will be using the ASML equipment. So, I have come to visit here and understand their technology", he had said. He had said that ASML's coming to India is a significant development as many of the equipment manufacturers from all over the world are now looking at setting up base in India, because of the country's design capabilities, huge talent pool and consistent policies. UNI APS JRC KK

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BusinessDec 02, 2024 03:40 PM

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PoliticsDec 03, 2024 05:52 PM

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BusinessNov 28, 2024 08:28 PM

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BusinessNov 29, 2024 10:47 AM

India Stock Market Today: Share Market Opens in Green; Sensex Up by 325 Points, Nifty by 104 Points | 📰 LatestLY

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BusinessDec 03, 2024 04:26 PM

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Benchmark indices Sensex and Nifty rallied for the third straight session on Tuesday (December 3, 2024) amid buying in blue-chip stocks like HDFC Bank, Reliance Industries and firm trends in global markets. The BSE benchmark Sensex jumped 597.67 points or 0.74% to settle at 80,845.75. During the day, it surged 701.02 points or 0.87% to 80,949.10. The NSE Nifty went up by 181.10 points or 0.75% to 24,457.15. From the 30-share Sensex pack, Adani Ports surged nearly 6%. NTPC, Axis Bank, State Bank of India, Larsen & Toubro, UltraTech Cement, Tata Motors, HDFC Bank and Reliance Industries were ...Read More >

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BusinessDec 03, 2024 06:07 PM

Business News | Oilfields (Regulation and Development) Amendment Bill, 2024 Passed in Rajya Sabha | LatestLY

New Delhi [India], December 3 (ANI): Oilfields (Regulation and Development) Amendment Bill, 2024 to expand the definition of mineral oils and include petroleum and natural gas passed in the Rajya Sabha on Tuesday. The bill was introduced by Union petroleum and natural gas minister Hardeep Singh Puri for consideration and passing. The Bill will regulate the exploration and extraction of natural gas and petroleum. The amended bill expands the definition of mineral oils to include petroleum and natural gas in it. Also Read | Pune: Doctors Perform Rare Laser Surgery on Woman Pregnant With Monoam ...Read More >

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PoliticsDec 03, 2024 10:28 PM

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PoliticsDec 06, 2024 02:36 PM

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BusinessDec 06, 2024 02:36 PM

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PoliticsNov 26, 2024 08:46 PM

Constitution Day 2024: Government Strengthened Spirit of Constitution Over Last 10 Years, Says PM Narendra Modi (Watch Video) | 📰 LatestLY

New Delhi, November 26: Prime Minister Narendra Modi on Tuesday said that the government at the Centre has strengthened the spirit of the Constitution over the last 10 years. Addressing the Constitution Day celebrations at the Supreme Court, PM Modi highlighted that in the last 10 years, more than 53 crore bank accounts were opened, more than 4 crore pukka houses were given and more than 10 crore free gas connections were given. "In the last 5-6 years, by providing tap water facilities in more than 12 crore houses, the government made the lives of citizens easy, particularly of women," he sai ...Read More >

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BusinessNov 27, 2024 01:41 PM

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BusinessNov 27, 2024 09:12 PM

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BusinessNov 28, 2024 01:30 PM

Incuspaze to raise USD 25 mn to fund expansion plan amid rising demand for flexible office space

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BusinessDec 02, 2024 01:20 PM

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Cybercrime is quickly increasing in India, with reports surfacing daily about victims losing large sums of money to scammers. These scammers often use tactics like threatening a "digital arrest" to instill fear and pressure individuals into transferring money. They typically operate from foreign countries to evade capture by law enforcement. The Indian government, including Prime Minister Modi, is actively raising awareness about these scams. Recently, the Department of Telecommunications (DoT) issued a warning to the public regarding international fraud calls. They advised people to be caut ...Read More >

22
SportsDec 03, 2024 10:28 PM

Sports News | India Beat Hong Kong in Asian Women's Handball Championship | LatestLY

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PoliticsDec 06, 2024 02:36 PM

PM Modi running away from discussion on Adani issue in Parliament: Priyanka

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EntertainmentNov 26, 2024 02:44 PM

Vijay Sethupathi's Maharaja becomes first Indian film to release in China after normalisation of ties, to release on..

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