In a written reply to the Lok Sabha, Rajeev Chandrasekhar, Union Minister of State for Electronics and Information Technology and Skill Development and Entrepreneurship, said that a Chips to Startup (C2S) programme has been initiated with an outlay of Rs 2.5 billion for a period of five years. The programme aims to train 85,000 industry-ready manpower specialised in very-large-scale integration (VLSI), chip design, and embedded system design. ChipIN Centre has also been set up at the Centre of Development of Advanced Computing as a one-stop centre for providing access to chip design infrastructure and fabrication services to academia and start-ups across the country.
Chandrasekhar informed that around 99.2 per cent of mobile handsets being used in India are manufactured domestically and India has become a mobile exporting country with $11.1 billion in exports during FY23. Electronics manufacturing is further expected to grow to $300 billion by 2026. He stated that around 2.5 million direct and indirect jobs have been created in the electronics sector and is expected to reach 10 million jobs by 2025-26.
Further, the minister informed of memoranda of understanding signed with the US, Japan, European Union, Purdue University, and IBM India to attract investment in the semiconductor manufacturing sector.
