Government aim is to establish the Bharat Semiconductor Research Centre in 2024.
The Ministry of Electronics and Information Technology has announced its establishment by next year, in collaboration with industry experts and academia.
The research facility will be created in public-private partnership (PPP) mode.
The Ministry made the announcement after the India Semiconductor R&D Committee (ISRC) submitted the report on the India Semiconductor Research Centre (ISRC).
The committee handed over the report on ISRC to the Union Minister of State for Skill Development & Entrepreneurship and Electronics & IT Shri Rajeev Chandrasekhar.
Union Minister Rajeev Chandrasekhar said this institution will be a core institution in India’s growing capabilities in semiconductors.
It will be the Indian equivalent of IMEC, NanoTech, ITRI and the MIT Micro-electronic labs.
IMEC is a Belgium-based non-profit organisation in the field of advanced semiconductor R&D activities.
Taiwan-based ITRI is known to have incubated companies like TSMC, Taiwan Mask Corp and others.
MIT and Nano Tech are researching nanoscale science and technology.