Govt evaluating 9 proposals on semiconductor manufacturing: MoS IT

Crediting the Micron investment for sparking manufacturing interest in India, Minister of State for IT Rajeev Chandrasekhar on Tuesday said that at least nine semiconductor manufacturing proposals were undergoing the analysis stage in the Ministry.

“We have received two fab proposals, four OSAT proposals and three proposals for compound fabs, and all of them are very high-quality proposals which are currently undergoing an analysis,” said Chandrasekhar.

He was speaking on the occasion of National Startup Day and also said that the country will see many startups in emerging spaces like semiconductors, electronics, artificial intelligence, and high-performance computing, among others, in the coming days.