Shulou(Shulou.com)11/24 Report--

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com, March 15, according to Business Standard, India's Federal Minister of Electronics and Information Technology, Ashwini Vaishnaw, said on Tuesday that India's first semiconductor manufacturing plant will be announced in the coming weeks, expressing confidence that India will soon join the ranks of a small number of countries with an active semiconductor industry.

"We are close to a turning point and the first manufacturing plant should be announced in a few weeks," Tuyuan PixabayVaishnaw said at the cooperation summit of the Federation of Indian Industry (CII). This is just the beginning. "in the next three or four years, India will have a dynamic semiconductor industry." The federal minister said at the meeting.

In December 2021, the Indian government announced a $10 billion (CTOnews.com Note: currently about 68.8 billion yuan) plan to encourage chip production in India. According to recent reports, India's central government is in talks with at least four global semiconductor companies to build such factories.

In the context of chip shortages, the production of semiconductors in India has become a priority for the Indian government, which has led to supply disruptions in areas such as cars and electronics, especially after the COVID-19 outbreak.

Last week, the United States and India also signed a memorandum of understanding (MoU) on the establishment of semiconductor supply chains and innovation partnerships, highlighting the importance of chips in the global economic context.

Vaishnaw also highlighted the government's success in transforming India from an importer of mobile phones to an exporter of mobile phones. "Today, 99% of the mobile phones used in India are domestic, in sharp contrast to the situation 10 years ago, when 99% of every 100 mobile phones were imported," he said. "

Vaishnaw also said it was time for telecom technology to have at least one more reliable source. "at present, the telecom technology field in the world is dominated by a few players, which is an obstacle in many ways. That's why we decided to build our own end-to-end telecom technology stack," he said, adding that the technology stack had been tested for 10 million simultaneous calls in December last year.

The minister also revealed that India's high-speed train project is expected to be completed in August 2026. "Super high-speed rail (hyperloop) technology will not be realized for at least seven to eight years," he said. Super high-speed rail is the concept put forward by billionaire Elon Musk, which uses magnetism to levitate pods in vacuum tubes, under which conditions the pods can transport people and goods at speeds of 1000 kilometers per hour.

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