New Delhi, NFAPost: The government will invest $2 billion in the Semiconductor Laboratory (SCL) in Mohali for research and prototyping, Union Minister Rajeev Chandrasekhar said at a semiconductor design roadshow in IIT-Delhi on May 12.
According to a previous plan, the government was going to invest around $1.3 billion in the facility, but now that amount has been raised by about 50 percent.
The minister also said that the government will establish the India Semiconductor Research Institute which will serve as a centre of excellence, which will work with institutes like IIT Delhi, IIT Chennai and others in a hub-and-spoke model.
At the roadshow in one of the country’s top technology institutions, the minister exhorted students to work and start-up in deeptech areas such as semiconductors, quantum technology, and artificial intelligence.