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India embarks on a transformative journey, aiming to launch its first semiconductor chip in Dec 2024 & to inaugurate a cutting-edge bullet train by 2026 under PM Modi's ambitious vision for technological self-reliance and the unification of economic zones
In an exciting announcement from New Delhi on March 19, Union Minister for Communications and Electronics and Information Technology, Ashwini Vaishnaw, declared at the News18 Rising Bharat Summit that India is poised to witness the debut of its first domestically produced semiconductor chip by the end of December 2024.
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This landmark announcement follows a significant step taken earlier on February 29, when the Union Government green-lit the establishment of three semiconductor manufacturing units within the country. Minister Vaishnaw highlighted the pivotal importance of firm conviction and the formulation of precise policies as the backbone of achieving such a pioneering accomplishment.
“We will have the first made in India chip by December 2024. The first attempt at this was made as far back as 1962 but unless you have the correct policy and right conviction, it can't happen. PM Modi has the conviction that for Viksit Bharat we need electronics manufacturing. From TVs to power electronics, in everything we need semiconductors,” Vaishnaw remarked.
The initiative is not just about creating India's first semiconductor chip; it represents a monumental stride towards self-reliance in electronics manufacturing, an area that has seen exponential growth and demand over the years. The statement also underscores Prime Minister Narendra Modi’s deep-seated belief in and support for the semiconductor manufacturing sector. The Prime Minister's involvement and the government's forward-thinking policies underscore a comprehensive vision for a developed India that is self-sufficient in its semiconductor needs.
Semiconductors, the critical components found in virtually all electronic devices, from televisions to power electronics, form the cornerstone of modern technology. The realization of manufacturing these vital components domestically is a testament to India's growing prowess in the global technology arena and its commitment to innovation and self-reliance.
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Building on the foundation of India's ambitious entry into semiconductor manufacturing, Union Minister Ashwini Vaishnaw shared insights into the level of dedication and meticulous planning that has characterized the project. Highlighting Prime Minister Narendra Modi's deep involvement, Vaishnaw revealed, "When we used to ask for 45 minutes of PM Narendra Modi's time for semiconductor discussions, he used to give about 3 hours for a thorough discussion. He would discuss each element in detail line by line. All departments involved would be called personally and he would say that we need to be successful in semiconductors," showcasing the Prime Minister's commitment to this venture.
This commitment was further exemplified on March 1, when Prime Minister Modi proclaimed India's aspirations to become a powerhouse in global semiconductor production. In his message on X, Modi stated, "With the Cabinet approval of 3 semiconductor units under the India Semiconductor Mission, we are further strengthening our transformative journey towards technological self-reliance. This will also ensure India emerges as a global hub in semiconductor manufacturing," affirming the national agenda to achieve technological sovereignty and establish India as a pivotal player in the semiconductor industry worldwide.
In addition to his remarks on semiconductor manufacturing, Minister Vaishnaw, who also oversees the Railways, touched upon the progress of the eagerly anticipated bullet train project. He assured that the project, specifically the service between Surat and Bilimora, is on track for completion by 2026. Vaishnaw articulated that this train service is envisioned to be more than just a means of transport; it aims to be a catalyst for economic integration, linking the cities between Mumbai and Ahmedabad and fostering economic growth and connectivity.
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In an insightful elaboration on the transformative potential of the bullet train project, Union Minister Ashwini Vaishnaw underscored its significance beyond mere transportation. "It is not just a means of transportation. When it runs, it will connect the economy of all the cities around it... Mumbai, Thane, Vapi, Surat, Vadodara, Anand, and Ahmedabad will become a single economy zone... The train will be ready by 2026... The train will run first between the Surat-Bilimora section," the minister detailed. This ambitious initiative is seen not just as a step forward in modernizing India's transportation infrastructure but as a catalyst for unifying and enhancing the economic landscapes of several key cities along its route.
Vaishnaw further highlighted the efficiency and ambition behind the project's timeline, noting the rapid pace at which India aims to complete this extensive infrastructure development. "He further said while countries take 20 years to build a 500 km project, India will complete it in 8-10 years. The service will be world-class," he assured. This statement reflects a commitment to setting new standards in infrastructure development, showcasing India's capacity to execute large-scale projects within condensed timeframes while promising to deliver services that meet the highest global benchmarks.
This narrative around the bullet train project, juxtaposed with the advancements in semiconductor manufacturing, paints a vivid picture of India's strategic push towards modernization and economic integration. The envisioned outcome is a future where India is not only self-reliant in critical technology sectors like semiconductors but also interconnected through state-of-the-art transportation systems, driving towards a cohesive economic and technological landscape by 2026.
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