Semiconductor Development Projects and AI Initiatives in India - 2024
Semiconductor Development Projects
- Approvals in 2024: Four semiconductor projects received approvals, consisting of one chip fabrication facility and three chip packaging units.
- Chip Fabrication Facility:
- Location: Dholera, Gujarat
- Investment: ₹91,526 crore
- Partnership: Joint venture between India’s Tata Electronics and Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC)
- Capacity: 50,000 wafer starts per month
- Chip Packaging Units:
- Locations: Morigaon, Assam and Sanand, Gujarat
- Combined Capacity: Over 70 million chips per month
- Key Projects:
- Assam Facility: Built by Tata Electronics, costing ₹27,120 crore with a capacity of 48 million chips per month
- Gujarat Facility 1: Joint venture by CG Power, Renesas Microelectronics, and Stars Microelectronic, costing ₹7,584 crore and capacity of 15.07 million chips per day
- Gujarat Facility 2: Built by Kaynes Technology India, costing ₹3,307 crore with a production capacity of 6.33 million chips per day
AI Development and Deployment
- India AI Platform: Launched to ensure safe and trusted AI deployment, while fostering innovation within the country.
- Investment: ₹10,372-crore programme approved by the government
- Features: Portal includes sections on news, articles, case studies, research reports, startups, investment funds, and more.
Conclusion
The year 2024 marked significant progress in India's semiconductor and AI sectors, underpinned by substantial investments and strategic partnerships, enhancing the country's technological landscape.
