India has taken an important step in the semiconductor area. This can lead to a major setback to the semiconductor industry of China. Union Electronics and IT Minister Ashwini Vaishnav gave this information through a tweet on his social media platform X. He informed that the American company LAM Research is going to invest more than Rs 10,000 crore in India. This will prove to be a major boon for the semiconductor industry of India.
This step of India can make the country a strong player in the semiconductor industry. This can challenge China's dominance. China's semiconductor is a large part in production. If this investment increases in India. This can be a challenge for China. In 1990, America's semiconductor was 37 per cent in production. At the same time, in 2020, China's share had increased to 15 percent. By the year 2025, China's semiconductor production can reach 24 percent.
This investment is being seen as taking forward the semiconductor vision of Prime Minister Narendra Modi. The Government of India has kept a budget of about Rs 76,000 crore in the semiconductor sector. Under this, subsidy of 5 semiconductor unit has been approved recently. This investment can make India a big player in the field of semiconductor production.
The semiconductor acts as a powerful engine for artificial intelligence. You need any information fast, in such a situation, the semiconductor can process this information quickly. AI is completely dependent on the semiconductor. This is because it processes fast data. Also store. In 2020, China's share had increased to 15 percent. By the year 2025, China's semiconductor production can reach 24 percent.
