Vaishnaw cautions industry about cyberattacks, disruption that may target India's growing chip might
India's chip push marks a bold attempt to move beyond packaging and build a broader domestic supply chain, while attracting global companies to manufacture and develop semiconductor technologies in India
Minister for Electronics and IT, Ashwini Vaishnaw, has cautioned the Indian semiconductor industry about potential cyberattacks and disruptions that could target India's growing chip manufacturing capabilities. In an interview, Vaishnaw stated that India's emergence as a country capable of designing and manufacturing chips could be viewed as a threat by established interests in the global chip value chain.
He emphasized the need for the industry to remain vigilant against potential geopolitical risks. The government has approved the Semicon 2.0 program, with an investment of ₹1,27,500 crore, to support various aspects of the semiconductor sector, including design, equipment, materials, fabrication, and research and development. This push for a larger semiconductor presence in India has attracted significant investment commitments, with over Rs 1 lakh crore pledged under the second phase of the scheme.
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