Business News | Semiconductor Fabrication Plants in Assam to Deliver 'Made in India' Chips by Next Year: Ashwini Vaishnaw
Get latest articles and stories on Business at LatestLY. "The most delightful news is the semiconductor plant approved by Prime Minister Narendra Modi in Assam. The construction of the plant is progressing well, and by next year, 'Made in India' chips will establish the pride of both India and Assam," he added.
Guwahati (Assam) [India], February 25 (ANI): Union Minister for Information and Technology Ashwini Vaishnaw on Tuesday said the semiconductor fabrication plants in Assam will start delivering semiconductor chips by next year.
Speaking on the sidelines of 'Advantage Assam 2.0' investors summit in Guwahati, the Union Minister said, "Our country's Prime Minister Narendra Modi and Assam's Chief Minister Hemant Biswa Sarma are working hard for the development of Assam. Various connectivity programs are underway, including railway connectivity, highway connectivity, airline services, and airport development. These efforts are yielding very good results.""The most delightful news is the semiconductor plant approved by Prime Minister Narendra Modi in Assam. The construction of the plant is progressing well, and by next year, 'Made in India' chips will establish the pride of both India and Assam," he added. Earlier in the day, Prime Minister Narendra Modi inagurated 'Advantage Assam 2.0' and termed it a grand campaign to connect the entire world with Assam's potential and progress.
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The Prime Minister noted that Assam is emerging as an important hub for semiconductor manufacturing.
Recently, Tata Semiconductor launched its assembly and tech facility in Jagiroad in the State.
This plant will help in the technological growth of the entire Northeast and strengthen India's semiconductor industry.
Several Union ministers and business leaders were present during the inauguration
High-level delegations from several countries--Australia, South Korea, Singapore, Malaysia, Taiwan, Indonesia, Thailand, Bhutan, and industrialists from Japan have also converged in Guwahati for the summit. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)