Union Cabinet Briefing LIVE: Ashwini Vaishnaw On Approval Of 4 New Semiconductor Projects

Описание: Union Cabinet Briefing LIVE: Ashwini Vaishnaw On Approval Of 4 New Semiconductor Projects

Union Minister Ashwini Vaishnaw is addressing the media in a live Union Cabinet briefing from New Delhi, following a key meeting chaired by Prime Minister Narendra Modi. The briefing focuses on the Cabinet's approval of four new semiconductor projects under the India Semiconductor Mission, aimed at boosting India's chip manufacturing capabilities. These projects are part of a broader push to establish India as a global semiconductor hub, with investments in Uttar Pradesh, Gujarat, and Assam. The initiatives include partnerships like HCL Group-Foxconn for a ₹3,706 crore chip plant in Jewar, Uttar Pradesh, expected to produce 36 million display driver chips monthly and create 2,000 jobs. Other projects involve Tata Electronics and Micron Technology, enhancing domestic production and reducing reliance on chip imports. Vaishnaw is also discussing infrastructure, digital governance reforms, and updates on strategic sectors, emphasizing the government’s commitment to technological advancement and economic growth.

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