Who Introduces ChipIN For India's Semiconductor Transformation?

Daily Current Affairs

Piyush Goyal

Rajeev Chandrasekhar

Arvind Kejriwal

Ashwini Vaishnaw

Correct Answer : Rajeev Chandrasekhar

In a significant event held at the Vikram Sarabhai Space Centre (VSSC) in Kerala, Union Minister Rajeev Chandrasekhar, responsible for Electronics & IT, Skill Development & Entrepreneurship, and Jal Shakti, articulated India’s potential as a global semiconductor hub. Chandrasekhar emphasized the imperative of designing chips and IPs for diverse industries, outlining a roadmap for entrepreneurs in Trivandrum and Kerala to lead the innovation drive.

Pioneering Semiconductor Design Infrastructure :

At the heart of this vision lies ChipIN Centre, a revolutionary facility poised to transform semiconductor design in India. Offering diverse design flows and cutting-edge tools, ChipIN aims to democratize access to chip design infrastructure nationwide. With a focus on advanced node technologies, the center seeks to empower students, researchers, and industry professionals with the necessary resources to drive innovation.

Empowering India’s Semiconductor Ecosystem :

* Centralized Design Facility : ChipIN Centre acts as a centralized hub, offering a wide range of design flows and services for the semiconductor community in India.
* Advanced Tools : It hosts state-of-the-art tools covering the entire chip design cycle, including Front-end design, Back-end design, PCB design & analysis, catering to various design types.
* Accessibility : The center aims to make chip design infrastructure easily accessible to the semiconductor community, fostering inclusivity and collaboration.
* Comprehensive Support : ChipIN Centre provides comprehensive support, offering services for design fabrication and packaging, ensuring a seamless design process.
* Educational Outreach : Engaging with over 10,000 students from 120 academic institutions and 20 start-ups, ChipIN aims to empower the next generation of semiconductor engineers through access to cutting-edge Electronic Design Automation (EDA) Tools.

* Expansion Plans : With plans to empower 85,000 students at various academic levels, ChipIN Centre aims to cultivate a culture of innovation and skill development across the nation.

* Industry Collaboration : ChipIN collaborates with industry leaders to extend support to academia and start-ups, broadening access to EDA tools and expertise.

* Government Support : Aligned with the government’s vision, ChipIN Centre receives support to bolster the semiconductor ecosystem in India, driving towards Prime Minister Shri Narendra Modi’s goal of India becoming a global semiconductor hub.

India’s Journey Towards Global Semiconductor Leadership :

As India charts its path to global semiconductor prominence, initiatives like ChipIN Centre and government-backed support schemes are poised to ignite innovation and entrepreneurship in semiconductor design. With visionary leadership, industry collaboration, and a robust innovation ecosystem, India stands ready to lead in shaping the future of technology.

Published On : March 8, 2024

Solar’s Ascendance in India :

In 2015, India ranked ninth in solar energy deployment, but by 2023, it produced 5.8% of its electricity from solar, up from 0.5% in 2015. This significant increase underscores India’s commitment to clean energy and its pivotal role in mitigating climate change.

Global Solar Growth Trends :

Ember’s report highlights that solar energy witnessed a remarkable increase globally, with 2023’s solar generation exceeding six times that of 2015. The top four solar growth countries, including India, accounted for 75% of this growth, emphasizing the widespread adoption of solar power worldwide.

Published On : May 9, 2024

Q .

India's Toy Exports Slip to _____ Million in 2023-24

$102.92

$121.19

$139.53

$152.34

Correct Answer : Option (D) - $152.34

India’s toy exports experienced a slight decline to USD 152.34 million in the fiscal year 2023-24, with limited benefits from quality control measures. Despite efforts to bolster the domestic industry and ensure product safety, exports did not see significant improvement.

Declining Export Trends :

Export figures dropped marginally from USD 153.89 million in the previous fiscal year to USD 152.34 million in 2023-24, as outlined by the Global Trade Research Initiative (GTRI). Despite a modest increase in exports from FY’2020 to FY’2022, the subsequent year witnessed a downturn.

Import Trends :

Conversely, imports rose to USD 64.92 million in 2023-24 from USD 62.37 million in the preceding year, indicating a persistent challenge in balancing trade dynamics.

GTRI’s Recommendations :

Comprehensive Industry Development Strategy : GTRI Founder Ajay Srivastava emphasized the necessity for a holistic approach to foster the growth of India’s toy industry and bolster exports.

Domestic Ecosystem Strengthening : Developing a robust domestic ecosystem is paramount, alongside measures to encourage renowned global toy brands to establish manufacturing facilities within India’s borders.

Published On : May 9, 2024

Q .

India Leads Global Remittances, Surpassing _____ Billion Mark.

$50

$100

$200

$250

Correct Answer : Option (B) - $100

India emerged as the global leader in remittances in 2022, receiving over $111 billion, surpassing the $100 billion mark for the first time. The International Organisation for Migration (IOM) highlighted India, alongside Mexico, China, the Philippines, and France, as the top five remittance recipient countries.

Consistent Growth: From $53.48 Billion to $111.22 Billion

The UN’s World Migration Report 2024 underscored India’s consistent growth in remittances, noting a rise from $53.48 billion in 2010 to $111.22 billion in 2022. This significant increase showcases India’s pivotal role in the global remittance landscape.

Southern Asia’s Significance in Global Remittances :

The IOM emphasized Southern Asia’s importance as a major recipient of global remittances, attributed to its high proportion of migrant workers and emigrants. India, Pakistan, and Bangladesh all ranked among the top ten recipients worldwide, highlighting the sub-region’s reliance on labor migration.

Prominent Migration Corridors and Destination Countries :

While India ranks 13th as a destination country for immigrants, it features prominently in various international migration corridors, including India-United Arab Emirates, India-Saudi Arabia, and Bangladesh-India, all of which are among the top 10. This indicates India’s significant role in global labor migration patterns.

Published On : May 9, 2024