Big success to India! Smartphone prices are going to decrease, will be proud to know the reason – Smartphone price cut due to made in India chipset

India has been manufacturing smartphones for a long time. Also exporting smartphones on a large scale. Although there were some problems in making smartphones in India. In fact, most of the parts used in making the smartphone were imported from outside, due to which it costs more to make the smartphone. But now India has got a big success.

Made in India chipset will be ready
In fact, American company Micron Technology is setting up a semiconductor manufacturing unit in Gujarat. Union Electronics IT and Telecom Minister Ashwini Vaishnav says that Micron will start chip production in India in the next 18 months. This will be the first time that a company in India is making Made in India chips. If all things remain on time, the Made in India chip will be ready in India in December 2024.

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what would be the advantage
If reports are to be believed, making chips in India will reduce the cost of making electronic products like mobiles, laptops, servers, and other devices. This will reduce the cost of smartphones in India. Also, the export of smartphones from India to the rest of the world will accelerate. In such a situation, the Indian economy is expected to benefit strongly. Also, jobs can be created in the country on a large scale.

Chip unit installation cost
If the Union Minister is to be believed, the chip will invest $825 million on setting up the unit. This production unit will be spread over 5,00,000 square feet. Which will be commissioned at the end of the year 2024.