logo
Made-in-India chips to hit market by 2025-end for first time, says PM Modi

Made-in-India chips to hit market by 2025-end for first time, says PM Modi

Economic Times17 hours ago
Synopsis
Prime Minister Modi announced India's first indigenous semiconductor chip will launch by year-end, highlighting the nation's push for self-reliance in this vital sector. Six units are operational, with four newly approved plants across Odisha, Andhra Pradesh, and Punjab. These projects signify a mission-mode approach to semiconductor development, aiming for rapid growth and technological independence after decades of stagnation.
Agencies PM Modi on Friday announced that India's first fully made-in-India semiconductor chip will hit the market by the end of this year. Speaking during his 79th Independence Day address from the Red Fort, the prime minister said six semiconductor units are already operational, while four new units have received government approval. 'By the end of this year, made in India, made by the people of India, made in India chips will come to the market,' he said, highlighting the country's push to achieve self-reliance in this critical technology sector.
Read Also | Independence Day 2025: From slashing GST to 'Sudarshan Chakra' defence system; here are highlights from PM Modi's speech"My dear youth, you will be surprised to know that today, the semiconductor, which has become the strength of the world, 50-60 years ago, that thought process, those files, got stuck. They got stuck. The thought process of the semiconductor itself was foeticide 50-60 years ago. It lost 50-60 years. After us, many countries, in semiconductors, today, have mastered the technology and consolidated their power," he added.Semiconductors, vital components for devices ranging from mobile phones and computers to electric vehicles and home appliances, are expected to see India's market grow from $45-50 billion in 2024-25 to $100-110 billion by 2030, according to industry estimates.
The PM recalled that India's semiconductor journey started over 50 years ago but remained stalled for decades while other countries dominated the industry. 'The thought process for semiconductors existed 50-60 years ago, but the files got stuck. Today, several countries have mastered the technology and consolidated their power,' he said, urging the youth to learn from this history.Read Also | PM Viksit Bharat Rozgaar Yojana: PM Modi announces Rs 1 lakh crore scheme for youth in Independence Day 2025 Speech He noted that the government is no longer burdened by the past and is pursuing semiconductors in a mission mode, focusing on rapid growth and technological independence. The Union Cabinet recently approved four new semiconductor plants with a total investment of Rs 4,594 crore across Odisha, Andhra Pradesh, and Punjab.
Read Also | Next-gen GST reforms by Diwali, will reduce tax on every day use items: PM Modi Notable projects include: A 3D glass semiconductor packaging unit by 3D Glass Solutions Inc backed by Intel, Lockheed Martin, and Applied Materials, with a production capacity of 5 crore units annually.
India's first commercial silicon carbide (SiC) fabrication unit by SiCsem in Bhubaneswar, capable of producing 9.6 crore chips per year.
A chip packaging plant by Advanced System in Package Technologies in Andhra Pradesh, with an annual capacity of 9.6 crore units.
A semiconductor project by CDIL in Punjab with an annual output of 15.8 crore units.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Odisha announces 21 NACs to boost infrastructure and services under urbanisation
Odisha announces 21 NACs to boost infrastructure and services under urbanisation

The Hindu

time29 minutes ago

  • The Hindu

Odisha announces 21 NACs to boost infrastructure and services under urbanisation

The Mohan Majhi Government on Friday (August 15, 2025) announced the creation of 21 new Notified Area Councils (NACs) to boost infrastructure and services in line with Odisha's urbanisation needs. 'Better infrastructure and urbanisation are key components of development. Only 17% of our population lives in urban areas. Considering the State's rapid growth and people's aspirations, our government has decided to establish 21 more NACs,' Chief Minister Mohan Majhi declared during the Independence Day celebrations here. The creation of NACs was a major campaign plank ahead of the 2024 elections. The previous Naveen Patnaik Government had promised to set up NACs and municipalities to woo semi-urban voters, but the names were never announced. The Majhi Government also unveiled a welfare measure under which every family covered by the Garib Kalyan Anna Yojana will receive an additional 5 kg of rice per month for the next three months, benefiting 27 lakh families. After unfurling the Tricolour, Mr. Majhi dwelt at length on women's empowerment and safety — an issue on which the Opposition parties had been sharply critical. 'I have said on various platforms that the government follows a policy of zero tolerance towards crimes against women. Anyone committing violence against women — no matter how powerful or influential — belongs behind bars, not in civilised society,' he asserted. The CM, who also holds the Home portfolio, said the police had been given full authority to take necessary action. 'I have issued clear instructions that any neglect of women's safety will invite strict legal action. While law and order is generally under control, it must become more effective and robust,' he said. The State Government has recently faced criticism following a spate of incidents — including four girls committing self-immolation and several cases of gang rape and sexual assault — with both the Congress and Biju Janata Dal attacking its handling of women's safety.

Zelenskyy Urges India's Help To End Russia-Ukraine War As Trump Meets Putin At Alaska
Zelenskyy Urges India's Help To End Russia-Ukraine War As Trump Meets Putin At Alaska

News18

timean hour ago

  • News18

Zelenskyy Urges India's Help To End Russia-Ukraine War As Trump Meets Putin At Alaska

Last Updated: Zelenskyy extended wishes to Modi on the occasion of India's Independence Day and referenced their recent phone call earlier this week. As US President Donald Trump and Russian President Vladimir Putin meet in Anchorage, Alaska, for talks aimed at ending the Russia-Ukraine war, Ukrainian President Volodymyr Zelenskyy has voiced strong concerns about being left out of the negotiations. Zelenskyy insists that no final deal should be reached without Ukraine's direct involvement. Amid mounting anxiety over the summit, Zelenskyy has turned to India, reaching out with a symbolic and timely message for Indian Prime Minister Narendra Modi. Just hours before the Trump-Putin meeting began, Zelenskyy extended wishes to Modi on the occasion of India's Independence Day and referenced their recent phone call earlier this week. 'Our nations share the experience of standing up for freedom and dignity, as well as the pursuit of peace and development," Zelenskyy wrote. In the same message, the Ukrainian President expressed hope that India would step forward to play a role in ending the ongoing war. 'We hope that India will contribute to efforts aimed at ending the war, so that our freedom and sovereignty are truly secure," he added. Congratulations to the people of India, President @rashtrapatibhvn, and Prime Minister @narendramodi on the Independence Day!This week we had a good, candid conversation with Prime Minister @narendramodi when I had an opportunity to personally convey my best wishes on this… — Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) August 15, 2025 The message to India comes at a critical juncture, as President Putin sits down with Trump to explore possible solutions to the nearly four-year-long conflict. European leaders, along with Zelenskyy, remain wary of what concessions Trump might be willing to entertain. Earlier this week, Trump held a virtual meeting with Zelenskyy and several European heads of state, where he reiterated his support for Ukraine. According to two European diplomats who spoke to CNN, Trump told participants that he would advocate for an unconditional ceasefire during his discussions with Putin. The sources also noted that Trump stated the issue of Ukrainian territory was 'not for him to negotiate." Zelenskyy also held a separate call with US Special Envoy Steve Witkoff ahead of the summit. While he sees the Trump-Putin meeting as a symbolic win for Putin, Zelenskyy remains cautiously hopeful. Trump has hinted that if today's talks in Alaska go well, a trilateral summit involving Ukraine could follow. view comments First Published: August 16, 2025, 02:25 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Double-decker flyover: Bangalore Metro Rail Corporation Ltd yet to get Rs 450cr from state
Double-decker flyover: Bangalore Metro Rail Corporation Ltd yet to get Rs 450cr from state

Time of India

timean hour ago

  • Time of India

Double-decker flyover: Bangalore Metro Rail Corporation Ltd yet to get Rs 450cr from state

Bengaluru: Bangalore Metro Rail Corporation Ltd (BMRCL) is yet to receive the Rs 450 crore reimbursement promised by the state govt in 2017-18 for the Yellow Line's double-decker flyover between Ragigudda and Central Silk Board. The design change was approved on the assurance that the govt would bear the cost of the road flyover component. The city's first double-decker flyover — built after demolishing the Jayadeva flyover — took years to complete. In July 2024, BMRCL partially opened the 5km road flyover from Ragigudda to Silk Board, including ramps built around the Silk Board junction, for motorists travelling towards Silk Board. According to sources, BMRCL has repeatedly sought reimbursement, including during high-power committee (HPC) meetings, but funds haven't been released. In Namma Metro projects, the state and central govts share costs, but road components within Metro projects fall under the state's responsibility. You Can Also Check: Bengaluru AQI | Weather in Bengaluru | Bank Holidays in Bengaluru | Public Holidays in Bengaluru | Gold Rates Today in Bengaluru | Silver Rates Today in Bengaluru Despite the pending payment, the state govt wants BMRCL to build 45km of double-decker flyovers under Phase III. The proposed stretches include Hebbal to JP Nagar 4th Phase along Outer Ring Road and Hosahalli to Kadabagere on Magadi Road. Phase III of Namma Metro is estimated to cost Rs 15,611 crore, with an additional Rs 9,000 crore required for the road flyovers. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Use an AI Writing Tool That Actually Understands Your Voice Grammarly Install Now Undo Deputy chief minister DK Shivakumar has urged Prime Minister Narendra Modi to allocate Rs 8,916 crore for the project. Urban mobility experts argue that road flyovers don't reduce congestion and instead encourage private vehicle use, whereas Metro expansion should be prioritised to strengthen public transport. A source said, "The issue of reimbursement of expenses incurred towards execution of the road flyover as part of the Metro project has been going on for a long time. In the recent meeting, the issue was discussed in the HPC. It was noted that the work has helped ease traffic congestion for vehicles heading towards Silk Board and for those crossing from there towards HSR Layout and Hosur Road. The urban development department will take up the matter with the finance department for reimbursement. " Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Happy Krishna Janmashtami Wishes ,, messages , and quotes !

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store