Denemek ALTIN - Özgür
First Made-in-India Chips to Hit Market by End of Year: PM
Business Standard
|August 16, 2025
Prime Minister Narendra Modi, in his address on the 79th Independence Day, underscored the need for India to be self-reliant and innovative in its use of technology.
He emphasized that building digital sovereignty is essential to reduce dependence on foreign companies for tech services.
"Every nation, which mastered technology, scaled the heights of development, reached the pinnacle, and attained new dimensions of economic power," he said, urging the country to master critical technologies.
The PM highlighted India's progress in the semiconductor space. The first Made in India chip "manufactured in Bharat by the people of Bharat, will be available in the market" by the end of this year, he said.
"Today, we have freed ourselves from that burden and advanced the work on semiconductors in mission mode. Six different semiconductor units are taking shape on the ground, and we have already given the green signal to four new units," Modi said during his 103-minute speech, the longest in his ongoing tenure as the PM of the country.
Under the first phase of the India Semiconductor Mission with an outlay of ₹76,000, the government has so far approved 10 semiconductor chip fabrication and packaging units. In June 2023, the government approved a $2.75-billion project proposal by Micron to establish a semiconductor chip Assembly, Testing, Marking, and Packaging (ATMP) unit in Sanand, Gujarat.
Bu hikaye Business Standard dergisinin August 16, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Business Standard'den DAHA FAZLA HİKAYE
Business Standard
Two-wheeled war hero rides into sunshine
Everything about Norton Motorcycles spells big. Among a handful of iconic, instantly recognisable bikes, with a storied history to boot, it roars on to a new future today under its Indian owners
5 mins
November 04, 2025
Business Standard
India's incomplete Odyssey
BOOK REVIEW
3 mins
November 04, 2025
Business Standard
State to acquire over 56K acres in Bundelkhand for development
The Uttar Pradesh government recently approved the acquisition of 56,600 acres of land for the development of the Bundelkhand region.
1 min
November 04, 2025
Business Standard
Jaipur’s decentralised solar panel plants now at 121 with 5 additions
Five decentralised solar power plants with a combined capacity of 9.28 megawatts (Mw) were installed in Jaipur district last week, which are expected to benefit over 1,300 farmers, a state government official said.
1 min
November 04, 2025
Business Standard
Extended rains may hit rural consumption: AWL Agri Biz top execs
Extended rains could have an impact on rural consumption as this has dented farmers financially in many parts of the country, according to AWL Agri Business (formerly Adani Wilmar).
2 mins
November 04, 2025
Business Standard
Employment is the path to Bihar youth’s homecoming
At his rally in Samastipur on October 24, Prime Minister Narendra Modi had said the National Democratic Alliance (NDA) had delivered the internetto every village at the lowest cost across the world.
3 mins
November 04, 2025
Business Standard
Smartworks rents 815,000 sq. ft office space from Hiranandani Group
Smartworks Coworking Spaces on Monday announced it has leased 815,000 square feet (sq. ft) of office space in Mumbai’s Eastbridge campus on rent from Hiranandani Group to establish the biggest managed workspace campus in the world.
1 min
November 04, 2025
Business Standard
Tales from the road
Investor sentiment towards India has cooled, but the lack of interest could be a contrarian positive signal
4 mins
November 04, 2025
Business Standard
Centre must cushion all DAP losses; long-term deals offer stability: Industry
‘The central government has increased the subsidy on phosphatic fertilisers for the second half of 2025-26 to offset the rise in prices. Despite this, companies importing diammonium phosphate (DAP) could still face losses of around %900 per bag, as the landed price remains higher than the subsidy announced.
1 mins
November 04, 2025
Business Standard
Viksit Bharat needs a clean system
Tales of corruption from almost every part of India appear regularly in both mainstream and social media. Consider a few examples:
3 mins
November 04, 2025
Listen
Translate
Change font size
