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India trained 85,000 engineers in 4 years under Semicon 2.0: Vaishnaw

Prioritising talent development under the Government of India's Semiconductor Mission, Union Minister for Railways and Electronics & IT, Ashwini Vaishnaw, stated that India has achieved its 10-year target of training 85,000 engineers in semiconductor design in just 4 years.The Minister on Monday informed that world-class Electronic Design Automation (EDA) tools, Cadence, Synopsys, and Siemens, have been made available in 315 universities across the country, and with the help of these tools, students are designing actual semiconductor chips, according to a release.These chips are being fabricated and tested at the Semiconductor Laboratory (SCL) in Mohali, giving students hands-on experience across the entire process from design to manufacturing and validation, he said.Vaishnaw further stated that students from universities across the nation, from Assam to Gujarat and from Kashmir to Kanyakumari, are actively engaging in semiconductor design. This marks a significant milestone ...

Updated On: 03 Mar 2026 | 7:14 AM IST

Semicon 2.0 to boost deep tech startups, create design ecosystem: Vaishnaw

Union Minister Ashwini Vaishnaw on Sunday said the Centre's Semicon Mission 2.0 will focus on bolstering deep tech startups, prioritising the creation of a design ecosystem and getting equipment manufacturing and design facilities in the country. Addressing the inaugural session of the Gujarat Semiconnect Conference 2026 here, the Union Minister for Electronics & Information Technology said that a talent gap of 20 lakh in the semiconductor sector will create huge opportunities for students. "Semicon 2.0 will be totally the reverse of Semicon 1.0, which focused on getting manufacturing facilities in India. We got that. We have 10 plants, with the first starting commercial production yesterday. Very soon, the second plant will start commercial production," he said. Vaishnaw said that the top priority for Semicon 2.0 - the second phase of India's Semiconductor Mission - will be to create a "design ecosystem", so that deep tech startups get the opportunity to develop the next ...

Updated On: 01 Mar 2026 | 2:52 PM IST

India making its mark in hardware: PM Modi at Guj chip plant inauguration

Prime Minister Narendra Modi on Saturday inaugurated Micron Technology's semiconductor plant at Sanand in Gujarat, and said that after being known for its strength in software the country is "firmly establishing its identity" in the hardware sector too. The inauguration of the US-based company's ATMP (Assembly, Testing, Marking and Packaging) plant -- the first such facility in the country --reflects a deep partnership between India and the United States, he said. The message has reached the world loud and clear: India is capable, India is competitive and India is committed, Modi said. "India, long known for its software strength, is now firmly establishing its identity in the hardware sector as well," said the prime minister. "If oil was the regulator of the last century, microchips will be the regulator of this century," he said, adding that India is rapidly becoming an "integral part of the global semiconductor value chain". The plant will manufacture SSD (Solid State Drive) ..

Updated On: 28 Feb 2026 | 6:06 PM IST

Rampant AI demand for memory fuels deepening supply crunch for chips

Skyrocketing memory costs mean DRAM could soon account for as much as 30 per cent of low-end smartphones' bill of materials - tripling from 10 per cent in early 2025

Updated On: 16 Feb 2026 | 9:52 AM IST

Qualcomm's 2nm tape-out adds momentum to India's semiconductor mission

While Qualcomm's 2nm semiconductor fabrication will happen overseas, the design work highlights India's expanding role in advanced chip development under ISM 2.0

Updated On: 09 Feb 2026 | 3:51 PM IST

Amazon deepens ties with STMicro to secure semiconductors for data centres

Under the agreement, AWS received warrants to acquire as many as 24.8 million ordinary STMicro shares

Updated On: 09 Feb 2026 | 2:48 PM IST

India Semiconductor Mission 2.0 to boost domestic chip manufacturing

India has made steady progress in consolidating earlier investments into a full-stack value chain of its semiconductor ecosystem under ISM 1.0

Updated On: 09 Feb 2026 | 7:18 AM IST

ISM 2.0 to prioritise chip design, ecosystem partners, talent: Vaishnaw

India Semiconductor Mission 2.0 will prioritise indigenous chip design, their productisation, attracting ecosystem partners and development of talents, Union Minister Ashwini Vaishnaw said on Saturday. The minister said the government will continue to work on setting up semiconductor manufacturing plants and target to produce chips as small as 2 nanometer node size. "In Semicon 2.0, the topmost priority will be design companies. Design companies, design startups who can design a product, take it to the market, become the next Qualcomm from India, hopefully get that huge innovation, that entire energy which is there in our startups into deep tech. That will be a focus area," Vaishnaw said. He was speaking at a Qualcomm event here to announce 2 nanometer chip of the company which has been developed in India. The minister said the government will focus on getting the entire ecosystem in the country under ISM 2.0. Finance Minister Nirmala Sitharaman in her budget announced that the ..

Updated On: 07 Feb 2026 | 9:39 PM IST

Union Budget 2026: What industry leaders say about reforms, capex push

Union Budget 2026 drew mixed reactions from industry leaders, who welcomed the growth and capex push while stressing the need for execution clarity, long-term policy support and reform follow-through

Updated On: 01 Feb 2026 | 6:43 PM IST

Union Budget 2026: From semiconductors to rare-earth hubs, key takeaways

Budget 2026: The Budget lays out new schemes and higher spending on infrastructure, technology, healthcare and jobs, while offering support for industry and students

Updated On: 01 Feb 2026 | 5:02 PM IST

Budget 2026: Govt to roll out Semiconductor Mission 2.0 with ₹40,000 cr

Union Budget 2026: The government will launch India Semiconductor Mission 2.0 with an outlay of ₹40,000 crore to support chip equipment manufacturing, R&D and training

Updated On: 01 Feb 2026 | 11:46 AM IST

SBI launches CHAKRA, to invest ₹100 trn in sunrise sectors over 5 years

The country's largest lender has set up a Centre of Excellence to support financing of sectors such as renewable energy, semiconductors, electric mobility and data centres, with large capital needs

Updated On: 31 Jan 2026 | 4:03 PM IST

Micron's $2.75 bn Gujarat chip plant to begin production by February-end

During his engagements at the World Economic Forum (WEF) in Davos, Ashwini Vaishnaw said that the value chain in critical minerals is complex and requires cooperation across multiple stages

Updated On: 23 Jan 2026 | 10:03 AM IST

Nvidia supplier Micron warns memory chip shortage to last beyond 2026

Global smartphone shipments may decline 2.1 per cent next year as a shortage of memory chips drives up costs and squeezes production, industry tracker Counterpoint Research estimated in December

Updated On: 19 Jan 2026 | 10:12 AM IST

TSMC to boost capital spending as quarterly profit jumps 35% on AI boom

Taiwan-based TSMC, the world's largest computer chip maker, plans to increase its capital spending by about 40% this year after it reported a 35% jump in its net profit for the latest quarter thanks to the boom in artificial intelligence, the company said Thursday. Taiwan Semiconductor Manufacturing Corp., a major supplier to companies including Nvidia and Apple, reported a net profit of 506 billion new Taiwan dollars ($16 billion) for the October-December quarter, a 35% surge from a year earlier, better than analysts' estimates. TSMC said Thursday that its revenue in the last quarter increased 21% from a year earlier to more than 1.046 trillion new Taiwan dollars ($33 billion). TSMC said it plans to boost its capital expenditure budget to $52 billion-$56 billion for 2026, up from about $40 billion last year. The company's shares have climbed more than 8% since the beginning of the year, reflecting its strong position in the AI-driven market. Other tech giants including Microsoft,

Updated On: 15 Jan 2026 | 3:05 PM IST

Uttar Pradesh govt announces sops for GCCs and semiconductor plants

Uttar Pradesh unveils fresh incentives for GCCs and large semiconductor projects to boost FDI and advance its $1 trillion economy ambition

Updated On: 08 Jan 2026 | 10:46 PM IST

India entered semiconductors late but will soon start exporting: Amit Shah

Union Home Minister Amit Shah on Thursday said India's entry into the semiconductor industry was "strong" though a bit late, but the country would soon be self-reliant in the sector and even start exporting. Speaking at the Abhyudaya Madhya Pradesh Growth Summit here, he praised the BJP government in the state for the registration of 4.57 lakh MSMEs (Micro, Small and Medium Enterprises) in just one year. Thanks to Madhya Pradesh's geographical location and its fertile land, one can earn crores of rupees by investing even a small amount, he said. "We have made a strong entry into the semiconductor industry, although a bit late. Very soon we will not only become self-reliant in the semiconductor sector, but also start exporting," he said. Shah inaugurated or performed groundbreaking ceremony for industrial projects worth Rs 2 lakh crore on this occasion to mark the 101st birth anniversary of former prime minister Atal Bihar Vajpayee. "Atal ji was a great orator, sensitive poet, a le

Updated On: 25 Dec 2025 | 9:05 PM IST

Nvidia considers increasing H200 chip output as Chinese demand surges

Major Chinese companies including Alibaba and ByteDance have already reached out to Nvidia this week about purchasing the H200 and are keen to place large orders

Updated On: 13 Dec 2025 | 11:22 AM IST

China rejecting Nvidia's H200 chips, pushing for self-reliance: Sacks

Sacks' comments raise questions about whether Nvidia will be able to recover revenue from China, a data centre market it has removed entirely from its forecasts

Updated On: 13 Dec 2025 | 8:07 AM IST

Virtusa buys SmartSoC to expand into semiconductor engineering services

Virtusa has acquired Bengaluru-based SmartSoC Solutions for an undisclosed sum to deepen chip design, verification and embedded engineering capabilities as it targets end-to-end services

Updated On: 10 Dec 2025 | 5:30 PM IST