Key Takeaways
- Union Minister Ashwini Vaishnaw attended WEF 2026 in Davos, engaging with global semiconductor leaders.
- He held key bilateral meetings with US, EU, and Dutch officials to strengthen tech partnerships.
- India’s first semiconductor chip is on track for a December 2024 launch from the Dholera plant.
- Three major semiconductor plants are under rapid construction across Gujarat and Assam.
Union Minister for Electronics and IT, Ashwini Vaishnaw, attended the World Economic Forum (WEF) 2026 in Davos, focusing on bolstering India’s position in the global semiconductor industry. He participated in a crucial roundtable with CEOs from leading semiconductor firms worldwide.
In a post on X, Vaishnaw confirmed his engagements: “Attended the World Economic Forum 2026 at Davos. Participated in a roundtable meeting with global semiconductor CEOs.”
Strategic Bilateral Meetings
On the sidelines of the forum, the minister held significant bilateral talks. He met with US Secretary of Commerce Gina Raimondo and European Commissioner for Internal Market Thierry Breton.
A day earlier, he discussed deepening partnerships in semiconductors and electronics with Netherlands’ Minister of Foreign Trade, Geoffrey van Leeuwen.
Focus on Micron’s Gujarat Plant
Minister Vaishnaw also met Sanjay Mehrotra, CEO of Micron Technology, to review progress on the company’s in Gujarat. The $2.75 billion (approx. ₹22,000 crore) assembly and test facility in Sanand is a cornerstone of India’s semiconductor ambitions.
The project followed an invitation from Prime Minister Narendra Modi to Mehrotra in June 2023. Construction began in September 2023, with an initial operational target of late 2024. In February 2024, Micron revised this timeline to early 2025.
India’s Semiconductor Manufacturing Roadmap
Earlier this month, Vaishnaw announced a landmark milestone: the first made-in-India semiconductor chip is scheduled for production by December 2024.
This chip will come from the in Gujarat, being built rapidly by the Tata Group in partnership with Taiwan’s Powerchip Semiconductor Manufacturing Corp (PSMC).
India’s semiconductor push includes two other major facilities:
- A second Tata Group plant in Assam.
- A CG Power plant in Sanand, Gujarat, built with Japan’s Renesas Electronics and Thailand’s Stars Microelectronics.
The minister confirmed that construction on all three plants is progressing at a rapid pace, signaling strong momentum for India’s electronics manufacturing ecosystem.
