"We should have some good success in the coming months. It will be fab (wafer fabrication), design, manufacturing, complete (ecosystem)," Vaishnaw said.
Semiconductor Manufacturing: He said that with the success of US-based storage chip maker Micron s investment in India, the entire world has become very comfortable about India s capability.
India is set to establish its first electronic chip manufacturing plant within a year, with a government incentive of $10 billion. The focus will be on developing and manufacturing chips for the telecom and electric vehicle sectors, as these are emerging areas with potential for global leadership. The success of US-based storage chip maker Micron s investment in India has boosted confidence in the country s capabilities.
First semiconductor fab expected within a year: Aswhini Vaishnaw yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.