In a significant stride toward self-reliance in high-tech manufacturing, Ashwini Vaishnaw, Minister for Electronics and Information Technology, GOI, has announced that India's first indigenously produced semiconductor chip is slated for launch in 2025. Speaking at the 85th Foundation Day celebrations of the Keshav Memorial Educational Society, Vaishnaw emphasised the transformative direction of India's technology sector. "We have already approved six semiconductor fabrication plants. Construction is currently underway, and we expect to see our first made-in-India chip by next year," he said.
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India Emerges as a Global Chip Design Hub
Vaishnaw highlighted India's growing role in the global semiconductor value chain, particularly in chip design. According to the minister, some of the world’s most advanced chips are already being designed in Indian cities such as Hyderabad, Bengaluru, Pune, Gurugram, and Chennai. This strong foundation in design, he noted, is now being complemented by manufacturing capabilities, setting the stage for India to become a serious contender in the global semiconductor industry.
India AI Mission in Full Swing
The minister also spoke about the ambitious India AI Mission, aimed at democratising access to artificial intelligence tools and training. As part of this initiative, the government is uploading free datasets to foster innovation, and one million individuals are being trained in AI usage across various sectors.
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A New Economic Order
Vaishnaw remarked that the global economic landscape is undergoing a shift, with the traditional dominance of Western economies giving way to the rise of the Eastern Hemisphere. He projected that by 2047, India would rank among the top two economies in the world, driven by its digital and industrial resurgence.