IT and Electronics Minister Ashwini Vaishnaw on Thursday announced that the first Made in India semiconductor chip of 28-90 nm will be introduced this year.
IT Minister announces first Made in India semiconductor chip of 28-90 nm
Addressing the CII's Annual Business Summit here, the IT Minister said: "We targeted a particular segment, which has 60 per cent of market volume, using a targeted approach."
"Today we have six units under construction. The first made-in-India chip of 28-90 nm will roll out this year. We started manufacturing in 2022”, he added.
About the 28-90 nm chip
Smaller nanometer (nm) measurements indicate more compact transistor designs, allowing manufacturers to fit more transistors onto a single chip.
The 28-90 nm chip is used in automotive, telecom, power, and railway applications.
Minister talks about AI, manufacturing and services
Vaishnaw also said, "Many top economists want us to focus on services. Manufacturing and services are both equally important for the next level of growth. We should increase our work, wherever we get the opportunity. We should have our own IP, product, design and standards."
About Artificial Intelligence (AI), he said, "We have experienced a big change due to AI, and it is here for good.”
"What the internet did for the world, a similar phenomenon would be brought forth from AI. We should be prepared for that change regardless of industry and sector. AI will bring in a humongous change in our society and industry," the minister added.
He also shared that the Indian Railways is setting a policy for instituting a sandbox to encourage start-ups.
The Minister disclosed that, “Maybe in another two months from now, we’ll have a new policy where any new innovative idea can be tried and tested at a small scale, in a sandbox environment, and then we can scale it up to a bigger level.”
He had also announced that India is developing 25 chipsets with indigenous intellectual property (IP) to fight cyberattacks. 13 projects led by the Centre for Development of Advanced Computing (C-DAC), Bengaluru, are underway.
Also read: India fastest-growing economy for 4th consecutive year: FM Sitharaman (startuppedia.in)