1st indigenously developed chip will be made in Gujarat

Nadiad: Gujarat Chief Minister Bhupendra Patel on Thursday said India's first indigenously developed semiconductor chip will be manufactured in the state, which has so far attracted an investment of Rs 1 lakh crore in electronics and chip manufacturing sectors. He was addressing a gathering in Nadiad town of Kheda district in the state after hoisting the national flag on the occasion of Independence Day. "The 10th edition of the Vibrant Gujarat Global Summit held earlier this year was instrumental in attracting new investment in emerging sectors like AI and semiconductor," he said. "We have so far attracted an investment of Rs 1 lakh crore in the electronics and semiconductor sector and India's first semiconductor chip will be manufactured in Gujarat," he said.

On the occasion, he announced a significant increase in the monthly income limit set earlier by the state government for people wanting free ration under the Centre's Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY). At present, a family with a monthly income of Rs 15,000 is eligible to get free food grain under the scheme. "In January, PM Narendra Modi extended the tenure Pradhan Mantri Garib Kalyan Anna Yojna for another five years so that the poor people get free food grains. To cover more people under this scheme, I announce to increase the monthly income limit from Rs 15,000 to Rs 20,000," the CM said. For strengthening and expanding the road infrastructure, the CM announced the allocation of Rs 5,000 crore. India became the fifth largest economy under Prime Minister Narendra Modi and now the PM has resolved to make India the third largest economy.