India’s First Semiconductor Manufacturing Unit to Be Announced Soon: IT Minister Ashwini Vaishnaw
The first semiconductor fab will be announced in a few weeks, and India is poised for a vibrant chip industry in the next 3-4 years on the back of enabling policies and the government's firm commitment towards growing the manufacturing ecosystem, Union Minister Ashwini Vaishnaw said on Tuesday.Today, 99 percent of mobile phones used here are made in India. This is in stark contrast to the situation 10 years ago when out of 100 phones, as much as 99 percent were imported, the Minister for Electronics and IT said while a…