India looking to move quickly!
- Thread starter Barnsley
- Start date
DaRAGingLunatic
Member
Thats a paid news place.
Issit , I got whole article, maybe they have so many free reads per month
freshshine1
New member
Same, when I clicked the direct link to FT it prompted a subscribe to read. However if you search directly in Google for this headline I was able to bypass the pay prompt?
Am I allowed to directly paste the entire article here?
Am I allowed to directly paste the entire article here?
- - Government official say India break ground next month and begin their first domestically manufactured microchips by end of 2024. (18month period)
- - MICON will setup a chip assembly and test facility in August on the $2.75billion project, which includes government funding support
- - India has reopened their bid for $10billion government subsidy. Foxconn and Vedanta has previously applied but failed to qualify. New application seeks proposal to produce mature nodes of 40nm or above (previously they asked for 28nm).
- - The article noted India is trying to build a more robust ecosystem alongside companies building wafer fabs. As well as the government's efforts in building up more capacity for smartphones, batteries, EV, electronics, etc.
- - Applied Materials has also announced a plan to invest $400million in a new engineering center in India
India will break ground on its first semiconductor assembly plant next month and begin producing the country’s first domestically manufactured microchips by the end of 2024, according to a senior government official who is overseeing New Delhi’s $10bn chipmaking foray.
Ashwini Vaishnaw, India’s minister of electronics and information technology, said US semiconductor company Micron Technology, which is setting up a chip assembly and test facility in Gujarat, would start construction in August on the $2.75bn project, which includes government support.
Vaishnaw said the India Semiconductor Mission spearheaded by Narendra Modi’s government was also doing “extensive work” to marshal support from other supply chain partners, including suppliers of chemicals, gases and manufacturing equipment, alongside companies interested in setting up silicon wafer fabrication plants.
“This is the fastest for any country to set up a new industry,” Vaishnaw said in an interview with the Financial Times. “I’m not just saying a new company — this is a new industry for the country.”
He added: “Eighteen months is when we have targeted for [the first] production to come out of this factory — that is, December of ‘24.”
The minister’s remarks set a demanding timeline for Modi’s government as it strives to build up India’s capacity in producing smartphones, batteries, electric vehicles and other electronics. The country’s tech manufacturing sector lags behind those of east Asia’s export-led economies, notably China, which began earlier and offered more subsidies to industry.
New Delhi recently reopened bids for its $10bn subsidy programme for chipmakers after three initial applicants, including from a consortium of industrial group Vedanta and Taiwanese Apple supplier Foxconn, failed to qualify for government support.
When relaunching the application process, India tweaked the specifications to seek proposals to produce “mature nodes” of 40 nanometres or above — larger than the more expensive 28nm chips it previously solicited.
Vaishnaw said that officials were now in talks with more than a dozen applicants. “Out of 14-odd companies which are in discussion with us, two of them are very good, which should be able to make it,” he said, declining to provide details.
Vedanta added that it and Foxconn were “working together to meet the government’s revised guidelines”. Foxconn declined to comment.
Some critics of India’s chipmaking ambitions argue that the government has set too high a bar by trying to replicate an entire, highly demanding industry in which countries including Taiwan, Japan and the US already hold a commanding lead. Instead, they say, it should focus on specific parts of the value chain where it already has proven expertise, including design.
Vaishnaw dismissed this judgment, saying India had “50,000-plus” semiconductor designers and that “practically every complex chip in the world” was already designed in India.
“That ecosystem is already there,” he added. “Getting the fab is the next step, which is what we are focused on, and the Micron win is a very big win.”
The US is stepping up its collaboration with India on chips, part of an expanding partnership cemented during Modi’s state visit to Washington last month. Alongside the Micron deal, in which the US group will spend $800mn, chip equipment maker Applied Materials has announced a plan to invest $400mn in a new engineering centre in Bengaluru.
Vaishnaw, who is also India’s railways minister, separately defended his decision to remain in that post despite calls to step down after a disaster in Odisha last month that killed nearly 300 people.
“At a time of a major calamity, leaders don’t run away,” he said. “They face the calamity, they fight it out, fix the things, and set the system right for the future.”
India aims to produce first semiconductors within 18 months
IT minister reveals ambitious timeline as part of push to expand tech manufacturing supply chain
www.ft.com
Being to most populace democratic country in the world this is a big deal. The West should help India beat China in every possible way, absolutely.
Take a notice, it's not a fab, it's a backend plant.
hist78
Well-known member
Apple supplier Foxconn pulls out of $19.5 billion India chip project
Foxconn said the decision was by "mutual agreement," but that it remained "confident" about India's semiconductor ambitions.