Particle.news
Download on the App Store
15 ARTICLES
·
16h ago

Modi Says First Made-in-India Chip Will Reach Market by Year-End as 10 Projects Cleared

Officials report the chip incentive pool is nearly exhausted, prompting a limited Semicon 2.0 plan.

Image
PM Modi also highlighted India’s achievements in the space sector and said that in the last 11 years, India has completed over 60 space missions and there are many more missions lined up.
Image
Image

Overview

  • MeitY secretary S. Krishnan said about Rs 62,900 crore, or roughly 97% of the Rs 65,000 crore fab incentive fund, has been committed with room only for small additional proposals.
  • Talks are underway with the Finance Ministry on a Semicon 2.0 framework, and the remaining Semicon 1.0 funds may support two to three small projects.
  • Ten semiconductor initiatives under the India Semiconductor Mission have been approved across fabs, advanced packaging and compound semiconductors, with several units racing to produce the first chips.
  • SEMICON India 2025 will run September 2–4 at Yashobhoomi in New Delhi, with PM Modi inaugurating an expanded show featuring around 350 exhibitors, delegates from 33 countries and four country pavilions.
  • The initial commercial chips are targeted at mature 28–90 nm nodes for sectors such as automotive, telecom and power, reflecting a pragmatic entry strategy.