What's Happening?
The Indian government has announced plans to produce 3-nanometre chips by 2032 as part of its strategy to achieve self-reliance in technology. Union Minister Ashwini Vaishnaw outlined the government's
focus on six categories of chips: compute, radio frequency, networking, power, sensor, and memory. This initiative is part of the second phase of the Design-Linked Incentive Scheme, which aims to enhance India's semiconductor design ecosystem. The government intends to develop major capabilities in chip manufacturing and design, covering 70-75% of technology products used in various sectors. The plan involves collaboration between academia and industry to foster innovation and technological advancement.
Why It's Important?
This initiative is significant for India's technological and economic landscape, as it aims to reduce dependency on foreign technology and boost domestic manufacturing capabilities. Achieving self-reliance in semiconductor production could enhance India's position in the global tech industry, attract investments, and create job opportunities. The focus on advanced chip technology aligns with global trends towards miniaturization and increased computing power, positioning India as a competitive player in the semiconductor market. The success of this initiative could also have implications for global supply chains and technological collaborations.
