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    Himachal Pradesh Govt Transfers Two IAS Officers; IAS R Selvam Made Financial Commissioner

    Himachal Pradesh Govt Transfers Two IAS Officers; IAS R Selvam Made Financial Commissioner

    IAS Prashant Kumar Mishra Elevated to Private Secretary to Union Jal Shakti Minister

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    Bihar Govt Approves Upgradation of 75 ITIs into Advanced Skill Centres under PM- SETU, Boosts Employment Push

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Home Magazine Governance

IT Minister informs first semiconductor project approval this year

By: APAC Media

by APAC Media
June 28, 2022
in Governance, News
Reading Time: 2 mins read
IT Minister informs first semiconductor project approval this year
Summarize with:

Telecom and IT Minister Ashwini Vaishnaw has said that the indigenous 5G technology developed by the TCS-CDoT-led consortium has the potential to win global deals as people the world over are looking for trusted telecom solutions and no country can match the level of trust India can bring in.

While sharing the government plans to deploy 1.25 lakh mobile sites in the BSNL network based on indigenously developed technology gears, Vaishnaw in an interview expressed concern over the shortage of semiconductors and said the first project proposal for the high-tech electronic chips will be approved in coming few months this year.

“We are very rapidly progressing on developing our own 5G technology stack. There is a huge interest among the whole world community in having a good trusted and affordable technology source for telecom because telecom is today the primary consumption point for all digital services. People want a trusted telecom solution. And as you know, the trust which India can bring, no other country can match,” Vaishnaw said.

Several countries led by the US and European nations have blocked 5G telecom gear from Chinese companies. India too has set up a process for approving trusted telecom gears in local networks.

The minister said that the indigenous 4G technology stack, developed recently, is now mature, scalable and can be deployed over more than one lakh towers. He said that semiconductor plant proposals received under Rs 76,000 crore Semicon Mission by the government are under evaluation.

“We are in a very advanced stage of evaluation of the applications, which were received in February. I wouldn’t like to comment on their status at this point in time. But, we believe that in the coming few months, we should have the first agreement signed this year,” he added.

The minister in mid-June met semiconductor technology firm IMEC at its headquarters in Belgium, which is in discussion with two of the applicants to provide technology for making electronic chips in India.

Summarize with:
Tags: IT Minister
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