Latest news with #Next-GenMobilityforaNext-GenCity
Time of India
11-08-2025
- Business
- Time of India
First made in India chip to be rolled out soon: Ashwini Vaishnaw
Bengaluru: Union Information and Technology Minister Ashwini Vaishnaw on Sunday said that the country would witness the rollout of its first made-in-India chip "very soon" as six semiconductor plants are under construction in Gujarat, Assam and Uttar Pradesh. Addressing the 'Next-Gen Mobility for a Next-Gen City' programme here, the IT Minister said, "Today there are six semiconductor plants under construction in our country and very soon we'll see the first made in India chip roll out of these factories." Emphasising the government's resolve for the easy accessibility of Artificial Intelligence (AI) technologies, he said, "AI is shaping our world today. Our Prime Minister's vision is of democratising technology. It should be accessible to all. It should not be limited to a few. It should be available to all. That's why we have done the India AI mission in which 34,000 GPUs (Graphics Processing Units) are available today as a common compute facility for all our innovators." "The price of these GPUs is just less than USD 1 per hour. And this is the most affordable common computer facility in the entire world," the Minister added. Speaking at the same event, Prime Minister Narendra Modi also emphasised India's priority to become "self-reliant" in the technology sector, stating that the country will soon have its "Made in India" chip as the semiconductor mission gains momentum. PM stressed that the journey of "Viksit Bharat" will move forward hand in hand with the Digital India initiative . He noted that with the India AI Mission, the country is advancing towards global AI leadership. "Our next big priority should be becoming self-reliant in technology. The journey to a Viksit Bharat will move forward hand in hand with Digital India. Through initiatives like the India AI Mission, India is advancing toward global AI leadership. He added that the Semiconductor Mission is also gaining momentum, and India will soon have its own Made-in-India chip", PM Modi said. In May, the Union Cabinet approved India's sixth semiconductor manufacturing unit in Jewar in western Uttar Pradesh. It will be established near Jewar Airport through a joint venture between the HCL Group and Taiwanese electronics giant Foxconn. The sixth unit is expected to generate employment for around 2,000 people and will help significantly in strengthening India's semiconductor ecosystem. The unit at Jewar will have a 20,000 wafers per month capacity, and the chips will have 36 million (3.6 crore) per month. Among other five semiconductor plants, four are in Gujarat: Tata Electronics-PSMC Semiconductor fab, CG Power-Renesas-Stars Microelectronics ATMP unit , Micron Technology's ATMP unit and Kaynes Semicon ATMP unit, while the Tata Semiconductor Assembly and Test (TSAT) Unit is in Assam. In 2024, the Government of India launched a comprehensive initiative called the India AI Mission aimed at positioning India as a global hub for artificial intelligence (AI) research, innovation, and adoption. The mission focuses on developing AI solutions across key sectors such as healthcare, agriculture, education, smart cities, and infrastructure to drive socio-economic growth. The strategy includes capacity building, development of research ecosystems, and partnerships between government, industry, and academia. The government has also approved the Semicon India programme with a total outlay of Rs 76,000 crore for the development of a semiconductor and display manufacturing ecosystem in the country. On the other hand, to promote the semiconductor ecosystem, the central government, in June, introduced pioneering reforms in the Special Economic Zones (SEZ) rules. The reforms aim to address the specialised needs of the semiconductor and electronics component manufacturing sectors. Since manufacturing in these sectors is highly capital-intensive, import-dependent and involves longer gestation periods before turning profitable, rule amendments have been carried out to promote pioneering investments and boost manufacturing in these high-technology sectors. Going further, Vaishnaw informed that India has become the top supplier of smartphones to the United States, with electronics manufacturing now worth Rs 12 lakh crore. He said that India's electronic production has grown six times in the last 11 years. The Minister further pointed out the exponential rise in electronic exports, which have increased eightfold to reach 3 lakh crore rupees. Vaishnaw also noted India's position as the world's second-largest manufacturer of mobile phones, underscoring the country's expanding role in the global electronics market. "Our electronic production has grown 6 times in the last 11 years. Today, electronics manufacturing has touched 12 lakh crore rupees. Electronic exports have increased by 8 times... Today, it has grown to 3 lakh crore rupees. India has become the second-largest manufacturer of mobile phones in the world" he said. According to official government data, India has made significant progress in mobile and electronics manufacturing, becoming the world's 2nd largest mobile manufacturing country. In 2014, India had only 2 mobile manufacturing units, but fast forward to today, the nation boasts over 300 manufacturing units, underscoring a significant expansion in this vital sector. In 2014 -15 only 26 per cent of the mobile phones which were being sold in India were made in India, the rest were being imported. It is worth mentioning that today, 99.2 per cent of all mobile phones which are sold in India are made in India. The manufacturing value of mobile phones has surged from Rs 18,900 crore in FY14 to a staggering Rs 4,22,000 crore in FY24.
Economic Times
10-08-2025
- Business
- Economic Times
First made in India chip to be rolled out soon: Ashwini Vaishnaw
Synopsis India is set to produce its first indigenous chip soon. Six semiconductor plants are under construction across Gujarat, Assam, and Uttar Pradesh. The India AI mission makes AI accessible with affordable GPU access. The government prioritizes self-reliance in technology. India is now a top smartphone supplier to the US. ANI Ashwini Vaishnaw Bengaluru: Union Information and Technology Minister Ashwini Vaishnaw on Sunday said that the country would witness the rollout of its first made-in-India chip "very soon" as six semiconductor plants are under construction in Gujarat, Assam and Uttar Pradesh. Addressing the 'Next-Gen Mobility for a Next-Gen City' programme here, the IT Minister said, "Today there are six semiconductor plants under construction in our country and very soon we'll see the first made in India chip roll out of these factories." Emphasising the government's resolve for the easy accessibility of Artificial Intelligence (AI) technologies, he said, "AI is shaping our world today. Our Prime Minister's vision is of democratising technology. It should be accessible to all. It should not be limited to a few. It should be available to all. That's why we have done the India AI mission in which 34,000 GPUs (Graphics Processing Units) are available today as a common compute facility for all our innovators.""The price of these GPUs is just less than USD 1 per hour. And this is the most affordable common computer facility in the entire world," the Minister added. Speaking at the same event, Prime Minister Narendra Modi also emphasised India's priority to become "self-reliant" in the technology sector, stating that the country will soon have its "Made in India" chip as the semiconductor mission gains momentum. PM stressed that the journey of "Viksit Bharat" will move forward hand in hand with the Digital India initiative. He noted that with the India AI Mission, the country is advancing towards global AI leadership. "Our next big priority should be becoming self-reliant in technology. The journey to a Viksit Bharat will move forward hand in hand with Digital India. Through initiatives like the India AI Mission, India is advancing toward global AI leadership. He added that the Semiconductor Mission is also gaining momentum, and India will soon have its own Made-in-India chip", PM Modi said. In May, the Union Cabinet approved India's sixth semiconductor manufacturing unit in Jewar in western Uttar Pradesh. It will be established near Jewar Airport through a joint venture between the HCL Group and Taiwanese electronics giant sixth unit is expected to generate employment for around 2,000 people and will help significantly in strengthening India's semiconductor ecosystem. The unit at Jewar will have a 20,000 wafers per month capacity, and the chips will have 36 million (3.6 crore) per other five semiconductor plants, four are in Gujarat: Tata Electronics-PSMC Semiconductor fab, CG Power-Renesas-Stars Microelectronics ATMP unit , Micron Technology's ATMP unit and Kaynes Semicon ATMP unit, while the Tata Semiconductor Assembly and Test (TSAT) Unit is in 2024, the Government of India launched a comprehensive initiative called the India AI Mission aimed at positioning India as a global hub for artificial intelligence (AI) research, innovation, and adoption. The mission focuses on developing AI solutions across key sectors such as healthcare, agriculture, education, smart cities, and infrastructure to drive socio-economic strategy includes capacity building, development of research ecosystems, and partnerships between government, industry, and government has also approved the Semicon India programme with a total outlay of Rs 76,000 crore for the development of a semiconductor and display manufacturing ecosystem in the the other hand, to promote the semiconductor ecosystem, the central government, in June, introduced pioneering reforms in the Special Economic Zones (SEZ) rules. The reforms aim to address the specialised needs of the semiconductor and electronics component manufacturing manufacturing in these sectors is highly capital-intensive, import-dependent and involves longer gestation periods before turning profitable, rule amendments have been carried out to promote pioneering investments and boost manufacturing in these high-technology further, Vaishnaw informed that India has become the top supplier of smartphones to the United States, with electronics manufacturing now worth Rs 12 lakh said that India's electronic production has grown six times in the last 11 Minister further pointed out the exponential rise in electronic exports, which have increased eightfold to reach 3 lakh crore rupees. Vaishnaw also noted India's position as the world's second-largest manufacturer of mobile phones, underscoring the country's expanding role in the global electronics market."Our electronic production has grown 6 times in the last 11 years. Today, electronics manufacturing has touched 12 lakh crore rupees. Electronic exports have increased by 8 times... Today, it has grown to 3 lakh crore rupees. India has become the second-largest manufacturer of mobile phones in the world" he said. According to official government data, India has made significant progress in mobile and electronics manufacturing, becoming the world's 2nd largest mobile manufacturing country. In 2014, India had only 2 mobile manufacturing units, but fast forward to today, the nation boasts over 300 manufacturing units, underscoring a significant expansion in this vital 2014 -15 only 26 per cent of the mobile phones which were being sold in India were made in India, the rest were being imported. It is worth mentioning that today, 99.2 per cent of all mobile phones which are sold in India are made in India. The manufacturing value of mobile phones has surged from Rs 18,900 crore in FY14 to a staggering Rs 4,22,000 crore in FY24.
Time of India
10-08-2025
- Business
- Time of India
First made in India chip to be rolled out soon: Ashwini Vaishnaw
Bengaluru: Union Information and Technology Minister Ashwini Vaishnaw on Sunday said that the country would witness the rollout of its first made-in-India chip "very soon" as six semiconductor plants are under construction in Gujarat, Assam and Uttar Pradesh. Addressing the 'Next-Gen Mobility for a Next-Gen City' programme here, the IT Minister said, "Today there are six semiconductor plants under construction in our country and very soon we'll see the first made in India chip roll out of these factories." Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Emphasising the government's resolve for the easy accessibility of Artificial Intelligence (AI) technologies, he said, "AI is shaping our world today. Our Prime Minister's vision is of democratising technology. It should be accessible to all. It should not be limited to a few. It should be available to all. That's why we have done the India AI mission in which 34,000 GPUs (Graphics Processing Units) are available today as a common compute facility for all our innovators." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This Could Be the Best Time to Trade Gold in 5 Years IC Markets Learn More Undo "The price of these GPUs is just less than USD 1 per hour. And this is the most affordable common computer facility in the entire world," the Minister added. Speaking at the same event, Prime Minister Narendra Modi also emphasised India's priority to become "self-reliant" in the technology sector, stating that the country will soon have its "Made in India" chip as the semiconductor mission gains momentum. Live Events PM stressed that the journey of "Viksit Bharat" will move forward hand in hand with the Digital India initiative . He noted that with the India AI Mission, the country is advancing towards global AI leadership. "Our next big priority should be becoming self-reliant in technology. The journey to a Viksit Bharat will move forward hand in hand with Digital India. Through initiatives like the India AI Mission, India is advancing toward global AI leadership. He added that the Semiconductor Mission is also gaining momentum, and India will soon have its own Made-in-India chip", PM Modi said. In May, the Union Cabinet approved India's sixth semiconductor manufacturing unit in Jewar in western Uttar Pradesh. It will be established near Jewar Airport through a joint venture between the HCL Group and Taiwanese electronics giant Foxconn. The sixth unit is expected to generate employment for around 2,000 people and will help significantly in strengthening India's semiconductor ecosystem. The unit at Jewar will have a 20,000 wafers per month capacity, and the chips will have 36 million (3.6 crore) per month. Among other five semiconductor plants, four are in Gujarat: Tata Electronics-PSMC Semiconductor fab, CG Power-Renesas-Stars Microelectronics ATMP unit , Micron Technology's ATMP unit and Kaynes Semicon ATMP unit, while the Tata Semiconductor Assembly and Test (TSAT) Unit is in Assam. In 2024, the Government of India launched a comprehensive initiative called the India AI Mission aimed at positioning India as a global hub for artificial intelligence (AI) research, innovation, and adoption. The mission focuses on developing AI solutions across key sectors such as healthcare, agriculture, education, smart cities, and infrastructure to drive socio-economic growth. The strategy includes capacity building, development of research ecosystems, and partnerships between government, industry, and academia. The government has also approved the Semicon India programme with a total outlay of Rs 76,000 crore for the development of a semiconductor and display manufacturing ecosystem in the country. On the other hand, to promote the semiconductor ecosystem, the central government, in June, introduced pioneering reforms in the Special Economic Zones (SEZ) rules. The reforms aim to address the specialised needs of the semiconductor and electronics component manufacturing sectors. Since manufacturing in these sectors is highly capital-intensive, import-dependent and involves longer gestation periods before turning profitable, rule amendments have been carried out to promote pioneering investments and boost manufacturing in these high-technology sectors. Going further, Vaishnaw informed that India has become the top supplier of smartphones to the United States, with electronics manufacturing now worth Rs 12 lakh crore. He said that India's electronic production has grown six times in the last 11 years. The Minister further pointed out the exponential rise in electronic exports, which have increased eightfold to reach 3 lakh crore rupees. Vaishnaw also noted India's position as the world's second-largest manufacturer of mobile phones, underscoring the country's expanding role in the global electronics market. "Our electronic production has grown 6 times in the last 11 years. Today, electronics manufacturing has touched 12 lakh crore rupees. Electronic exports have increased by 8 times... Today, it has grown to 3 lakh crore rupees. India has become the second-largest manufacturer of mobile phones in the world" he said. According to official government data, India has made significant progress in mobile and electronics manufacturing, becoming the world's 2nd largest mobile manufacturing country. In 2014, India had only 2 mobile manufacturing units, but fast forward to today, the nation boasts over 300 manufacturing units, underscoring a significant expansion in this vital sector. In 2014 -15 only 26 per cent of the mobile phones which were being sold in India were made in India, the rest were being imported. It is worth mentioning that today, 99.2 per cent of all mobile phones which are sold in India are made in India. The manufacturing value of mobile phones has surged from Rs 18,900 crore in FY14 to a staggering Rs 4,22,000 crore in FY24.
India.com
10-08-2025
- Business
- India.com
PM Modi reveals reason behind Op Sindoor success, says its rooted in...
(File) Operation Sindoor: Prime Minister Narendra Modi on Sunday credited the Make in India initiative for the success of Operation Sindoor, saying it reflected the strength of India's indigenous defence capabilities. Speaking at the 'Next-Gen Mobility for a Next-Gen City' programme, PM Modi praised the youth of Bengaluru and Karnataka for their role in building India's defence strength. 'I am visiting Bengaluru for the first time since the historic Operation Sindoor. This operation showcased the emergence of a bold and resolute New India. In a decisive move, our armed forces crossed boundaries, executing a deep strike that compelled Pakistan to capitulate. The success of Operation Sindoor was rooted in advanced technology and the strength of the Make in India initiative. The youth of Bengaluru and Karnataka played a significant role in this achievement,' PM Modi said. He also drew a parallel between the rise of India and the growth of Bengaluru, highlighting the city's role in the global IT sector. 'We are witnessing Bengaluru emerge as a true symbol of New India's rise, a city that has proudly placed India on the global IT map. The driving force behind Bengaluru's remarkable success story is the exceptional talent and ingenuity of its people,' said PM Modi. During his visit, PM Modi inaugurated the Yellow Line of Bengaluru Metro and laid the foundation stone for the Metro Phase-3 project. He said India's rapid economic growth was driven by the government's 'reform, perform and transform' approach. 'Today, India is the fastest-growing major economy in the world. In the last 11 years, our economy has risen from 10th place to the top five. We are now moving rapidly towards becoming one of the top three economies. How did we achieve this speed? We got it from the spirit of Reform, Perform and Transform. We achieved this speed from good intentions and honest efforts,' PM Modi said. Speaking about the inauguration of multiple projects, PM Modi said, 'In the past, the Government of India has started schemes worth thousands of crores of rupees for Bengaluru. Today this campaign is getting new momentum. Today, the Bengaluru Metro Yellow Line has been inaugurated. The foundation stone of Metro Phase-3 has also been laid. Along with this, three new Vande Bharat trains have also been flagged off for different parts of the country. Vande Bharat service has started between Bengaluru and Belgaum. This will boost the business and tourism of Belgaum. Apart from this, Vande Bharat Express has also started between Nagpur to Pune and Shri Mata Vaishno Devi Katra to Amritsar.' The Yellow Line runs from RV Road (Ragigudda) to Bommasandra, covering over 19 km with 16 stations, and is part of the Metro Phase-2 project worth around ₹7,160 crore. With its opening, Bengaluru's operational metro network now extends over 96 km. PM Modi also laid the foundation stone for the ₹15,610-crore Metro Phase-3 project, which will cover more than 44 km with 31 elevated stations, connecting residential, commercial, industrial and educational hubs. At KSR Railway Station, he flagged off three Vande Bharat Express trains, from Bengaluru to Belagavi, Amritsar to Shri Mata Vaishno Devi Katra, and Nagpur (Ajni) to Pune, as part of the government's push to modernise Indian Railways and improve travel standards. (Only the headline has been reworked by staff. Copy comes from an agency feed)
News18
10-08-2025
- Politics
- News18
'Brought Pakistan To Its Knees': PM Modi Praises Op Sindoor, Says Whole World Saw India's New Face
Last Updated: Addressing a public event in Bengaluru, the Prime Minister said the whole world saw India's new face, pointing out New Delhi's hardline stance against terrorism. Prime Minister Narendra Modi on Sunday praised Operation Sindoor and the Armed Forces, saying that it brought Pakistan to its knees within a few hours of launch. Addressing a public event in Bengaluru, the Prime Minister said the whole world saw India's new face, pointing out New Delhi's hardline stance against terrorism. 'This is the first time I have come to Bengaluru after Operation Sindoor. Operation Sindoor saw the success of the Indian forces, our ability to destroy terrorist hideouts several kilometres across the border, and our ability to bring Pakistan, which came to the rescue of terrorism, to its knees in a few hours," said PM Modi. He further credited technology and the impact of 'Make in India' in defence behind the success of Operation Sindoor. 'The youth of Bengaluru and Karnataka have contributed a lot to this," he added. PM Modi was speaking at the 'Next-Gen Mobility for a Next-Gen City' programme in Bengaluru. Get breaking news, in-depth analysis, and expert perspectives on everything from politics to crime and society. Stay informed with the latest India news only on News18. Download the News18 App to stay updated! view comments First Published: 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.
