SynopsisPrime Minister Narendra Modi will inaugurate Andhra Pradesh's first semiconductor manufacturing facility. This ASIP Semiconductor Project in Visakhapatnam involves an investment exceeding Rs 460 crore. The facility is expected to produce approximately 96 million chips annually. It will also generate high-skilled employment opportunities for the region. This initiative strengthens India's domestic chip production capabilities significantly.Prime Minister Narendra Modi will lay the foundation stone for the ASIP Semiconductor Project in Visakhapatnam on Saturday, marking the launch of Andhra Pradesh's first semiconductor manufacturing facility approved under the India Semiconductor Mission.The project, being developed with an investment of over Rs 460 crore, will be set up by ASIP Technologies Pvt Ltd in partnership with South Korea's APACT, according to a Prime Minister's OfficeNow Playing
PM Narendra Modi to lay foundation stone for Andhra's first semiconductor plant - The Economic Times
Prime Minister Narendra Modi will inaugurate Andhra Pradesh's first semiconductor manufacturing facility. This ASIP Semiconductor Project in Visakhapatnam involves an investment exceeding Rs 460 crore. The facility is expected to produce approximately 96 million chips annually. It will also generate high-skilled employment opportunities for the region. This initiative strengthens India's domestic chip production capabilities significantly.
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