New Delhi: Ministry of Electronics and IT will start setting up Bharat semiconductor Research Centre from next year in collaboration with the industry and academia, Minister of State Rajeev Chandrasekhar said on October 20, in an official statement.

The minister said that Prime Minister Narendra Modi's vision is that Indians should be involved in the leadership of semiconductor research.

"A group of top minds in semiconductor around the world and country have sat together to design the Bharat semiconductor Research Centre," Chandrasekhar said in an official statement.

The proposed Bharat Semiconductor Research Centre will be a global institution in semiconductor research

He said that the proposed Bharat Semiconductor Research Centre will be a global institution in semiconductor research.

"The design, area in which the research centre should focus have all been authored today and put in a high-quality report by the experts. I'm hopeful that in the year 2024, we should have the beginning of this institution taking shape," Chandrasekhar said.

MoS also mentioned that Bharat semiconductor Research Centre will become one of the leading semiconductor research institutes in the next 4-5 years and there will be no constraint in the investment that the institution will need.

When asked if the investment will be in the form of grants or equity for IPRs (intellectual property rights) that will be developed at the institution, the minister said, that the decision on the nature of government investment will be decided later, said the official release.

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