Our semicon report card
- July 29, 2023
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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Our semicon report card
Subject : Schemes
Context:
- In the 1960s, India ignored a proposal from Fairchild Semiconductors (whose founders went on to create Intel) to set up a semiconductor packaging unit, which later moved to Malaysia.
Recent Developments:
- U.S. chipmaker AMD (Advanced Micro Devices) to invest $400 mn in India.
- AMD will build its largest design centre in Bengaluru.
- Hon Hai Technology Group, also known as Foxconn, earlier this month pulled out of the chipmaking joint venture with Vedanta.
- Vedanta to start chip making in 2.5 yrs.
- Micron, a world major in the semiconductor memory space, has announced its first-ever investment in Gujarat.
- This $2.75 billion investment will help develop supply chains and Fabs.
Initiatives to make India a semiconductor hub:
- Now India has set a goal of a $1 trillion digital economy, aiming for it to contribute 20 per cent to GDP.
- India’s chip market is set to reach about $64 billion in 2026, triple what it was in 2019.
Initiatives | Description |
Semicon India |
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Digital India RISC-V (DIR-V) Programme |
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Establishment of a semiconductor research facility |
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India’s first indigenously developed microprocessor |
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India Semiconductor Mission (ISM) | India Semiconductor Mission(ISM):
Components:
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