Centre urged to establish semiconductor plants in TG

Emphasising Telangana’s readiness to contribute to India’s vision of a $10 trillion economy, IT Minister D Sridhar Babu strongly urged the Central government to establish semiconductor advanced packaging and manufacturing plants (APMP) and assembly, testing, marking and packaging (ATMP) units in Telangana under the Indian Semiconductor Mission (ISM).
Speaking at the World Telecommunication Standardisation Assembly (WTSA) 2024 in New Delhi on Wednesday, Sridhar Babu highlighted the State’s strong infrastructure, the presence of global tech giants and a thriving startup ecosystem.
During the roundtable session, which included participation from State chief ministers and IT ministers, Sridhar Babu highlighted Telangana’s capabilities as a leading hub for semiconductor and AI development.
Sridhar Babu also said, “As India moves towards over 1 billion smartphone users, 10 million electric vehicles and 2 billion IoT devices, the demand for semiconductors will skyrocket. Stressing that Telangana stands ready to lead this change, hosting global giants like NVIDIA, Qualcomm and Broadcom, as well as dynamic startups for both local and global markets.
The Minister also added, “With strong infrastructure, supportive policies and a skilled workforce of over 3.5 lakh AI and semiconductor professionals, we are well-equipped to host APMPs and ATMP units.” He said, “Our vision is to achieve a $1 trillion economy while contributing to India’s goal of a $10 trillion economy.”