India's chip ambitions are about to get larger

New Delhi: The government plans to boost chip sector incentives from the current 76,000 crore, as it expects a mushrooming of chip fabs and testing units in the country in the years ahead..

India will emerge as one of the top five semiconductor ecosystems in world in the coming five years, IT minister Ashwini Vaishnaw said in an interview..

This will be backed by investments by global majors that are increasingly considering India for setting up fabrication or other units, the minister said..

In coming five years, India is expected to witness about 4-6 more fabs, 6-10 compound semiconductor fabs, 1-2 display fabs, and 8-10 ATMP units..

On the 10,372 crore India AI Mission that the Cabinet approved last week, the minister said its compute pillar is aimed at creating AI compute infrastructure of at least 10,000 GPUs or graphics processing units, which will be built through public-private partnerships..

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