India\u2019s sweeping state-backed semiconductor drive — supported by a strong design ecosystem and a large pool of engineering talent — is beginning to attract private investment on its own, Union Minister Ashwini Vaishnaw said on Thursday.<\/p>\n
Speaking at Bloomberg\u2019s New Economy Forum in Singapore, Vaishnaw noted that the country\u2019s efforts are now moving beyond government-led initiatives and creating confidence among global chipmakers. <\/p>\n
“India\u2019s sweeping state-backed semiconductor drive — coupled with its growing design ecosystem and deep bench of engineering talent — is helping the country reach a stage where private capital begins to flow in on its own,” Vaishnaw stated. <\/p>\n
Vaishnaw said India\u2019s goal is to ensure that its semiconductor manufacturing capabilities are on par with major chip-producing nations by 2032. <\/p>\n
He described the 2031\u20132032 window as the period when India will match the level many established countries have reached today, setting the stage for a fair and competitive global race. <\/p>\n
“India\u2019s semiconductor programme is still in its early stages, but the government has ramped up spending to attract chip designers and manufacturers,” the minister mentioned.<\/p>\n","protected":false},"excerpt":{"rendered":"India\u2019s sweeping state-backed semiconductor drive — supported by a strong design ecosystem and a large pool of engineering…\n","protected":false},"author":2,"featured_media":192154,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[74973,79,179,18,107030,107031,19,107028,17,107029],"class_list":{"0":"post-192153","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-ashwini-vaishnaw","9":"tag-business","10":"tag-economy","11":"tag-eire","12":"tag-engineering-talent-ecosystem","13":"tag-global-tech-competitiveness-2032","14":"tag-ie","15":"tag-india-semiconductor-mission","16":"tag-ireland","17":"tag-private-investment-in-chip-manufacturing"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115586489033977263","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/192153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=192153"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/192153\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/192154"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=192153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=192153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=192153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}