India’s ambition to set up a semiconductor plant in the country is slowly coming to fruition. The government has signed an agreement with Belgium-based research and innovation hub, Interuniversity Microelectronics Centre (IMEC), which will provide the technology to manufacture chips of 28 nanometres and above, for which the user has to pay a royalty.
A top government official in the ministry of IT and communications told Business Standard: “We have signed an agreement with IMEC to provide us the technology for chips of 28 nanometers and above. It is the best way to begin, as there is a large demand