MoS IT: Leading world names interested by India as chip hub

The authorities is anticipating to signal a “significant” variety of MoUs with gamers within the semiconductor ecosystem throughout India’s first world semiconductor convention that’s scheduled for later this month, stated Minister of State for Electronics and IT Rajeev Chandrasekhar stated on Monday.

The convention, referred to as Semicon India 2022, will probably be organised in Bengaluru from April 29 to May 1. “The interest that is being shown by leading names of the world in India as a design, manufacturing, packaging, display, compound fab hub is unprecedented,” he stated. The Centre is anticipating a few of the largest names within the semiconductor house to take part within the convention, Chandrasekhar stated.

In December final yr, the Union Cabinet had accepted a Rs 76,000-crore coverage programme for semiconductor and show manufacturing ecosystem. ens