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Chip ambitions: India targets top-four semiconductor rank by 2032; Ashwini Vaishnaw outlines 2035 roadmap – The Times of India

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Chip ambitions: India targets top-four semiconductor rank by 2032; Ashwini Vaishnaw outlines 2035 roadmap – The Times of India


India is set to emerge as one of the world’s top four semiconductor manufacturing nations by 2032 and aims to become the best by 2035, driven by its talent base and expanding ecosystem, Union minister for electronics and IT Ashwini Vaishnaw said on Friday, reported PTI .Speaking on the sidelines of an event announcing approval of 22 projects worth Rs 41,863 crore under the Electronics Components Manufacturing Scheme (ECMS), Vaishnaw said four chip companies will begin commercial production in 2026, with major automobile and telecom firms expected to source semiconductors domestically.“I think by 2032, we would be very significant among the top 4 nations of the semiconductor industry, and by 2035, we would be among the best. This direction is clearly visible. This can be clearly predicted,” Vaishnaw said .Under the Semicon India Programme, the government has so far approved 10 manufacturing units — including two fabrication plants and eight assembly, testing and packaging units — involving investments of about Rs 1.6 lakh crore, according to the minister.Detailing the production timeline, Vaishnaw said, “The plants which started pilot production last year, they are the ones that will get into commercial production earlier, which is Kaynes and CG Semi. Micron has also started pilot production very recently. They will also go next month. Tata plant in Assam will start pilot production by middle of the year, and by the end of the year they will start the commercial production,” he said .In parallel, India’s chip design capabilities are also expanding. Under the Design Linked Incentive (DLI) scheme, 24 chip design projects are being supported through startups, representing a total project value of Rs 920 crore.Vaishnaw attributed India’s growing prominence in semiconductors to a strong focus on talent development. He said students across 298 universities in the country are now designing chips that are being validated.“We could not count more than 20 universities in the whole world, including the US, China, Japan, Taiwan and South Korea, where students can design a chip, manufacture it, and validate the product. India has, because of our focus on silicon, 298 universities,” Vaishnaw said .The minister said this expanding talent pipeline, combined with large-scale manufacturing investments, is positioning India to play a decisive role in the global semiconductor value chain over the next decade.



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Eli Lilly launches new form of obesity drug Zepbound with a month’s worth of doses in one pen

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Eli Lilly launches new form of obesity drug Zepbound with a month’s worth of doses in one pen


An Eli Lilly & Co. Zepbound injection pen arranged in the Brooklyn borough of New York on March 28, 2024.

Shelby Knowles | Bloomberg | Getty Images

Eli Lilly on Monday launched a new form of its blockbuster obesity drug, Zepbound, that offers a month’s worth of doses in a single pen.

Cash-paying patients can get the multi-dose device, called KwikPen, on the company’s direct-to-consumer website, LillyDirect. Prices start at $299 per month for the lowest dose level. 

The pen could serve as a more convenient option for some patients, as it reduces the number of devices they have to use in a month to take the drug. Patients can use one pen to take four weekly doses of Zepbound. 

Currently, patients on the treatment use a different single-dose autoinjector device each week. Lilly also offers single-dose vials of Zepbound, which requires users to draw the medication into a syringe and inject themselves. 

The announcement comes as Lilly works to sustain the early success of Zepbound, which has exploded in demand since it first entered the market in late 2023. LillyDirect has been key to Zepbound’s growth, and rolling out a new form of the drug on the platform could attract even more patients. 

The torrid growth of Zepbound has helped Eli Lilly seize a majority share of the weight-loss drug market from rival Novo Nordisk. In the company’s fourth quarter, Zepbound brought in $4.2 billion in U.S. revenue, a 122% spike from the previous year.

In a release, Lilly said the Food and Drug Administration approved a label expansion for Zepbound to include the multi-dose device.

The KwikPen is already used for other drugs, such as Lilly’s popular diabetes medication, Mounjaro. 

“As part of our commitment to supporting people living with obesity in their weight management journey, we are introducing a new option with the Zepbound KwikPen, a device trusted by patients globally and in the United States for other Lilly medicines,” said Ilya Yuffa, the president of Lilly USA and Global Customer Capabilities, in the release. 



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Govt to return unclaimed EPFO deposits, expand scholarships for unorganised workers’ children – The Times of India

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Govt to return unclaimed EPFO deposits, expand scholarships for unorganised workers’ children – The Times of India


The labour ministry has initiated a process to return unclaimed funds lying in inoperative Employees’ Provident Fund Organisation (EPFO) accounts to subscribers, a move expected to benefit over 3.1 million account holders, labour minister Mansukh Mandaviya said.A pilot phase covering about 0.7 million subscribers will be rolled out shortly after the decision was taken during a weekly review meeting chaired by the minister, according to an ET report.EPFO currently has around 31.86 lakh inoperative accounts holding deposits worth Rs 10,903 crore. Nearly 7.11 lakh of these accounts contain unclaimed balances of up to Rs 1,000, totalling Rs 30.52 crore.The ministry said several accounts are as old as 20 years and have recorded no transactions for the past three years, leading to their classification as inoperative.Accounts selected for the pilot phase already have Aadhaar-linked bank details available with EPFO, enabling the retirement fund body to directly credit the pending amounts to subscribers.Under provisions of the EPF & MP Act, beneficiaries must file claims to withdraw their provident fund savings. However, authorities observed that in many cases the balance amount is too small compared with the documentation required, resulting in a buildup of unclaimed deposits over time.

Scholarship scheme to be strengthened

Alongside the payout initiative, the labour ministry said its education assistance programme for children of unorganised workers will now include a merit-based scholarship of up to Rs 25,000 in addition to the existing welfare-based support.“In order to enhance equity, remove unintended exclusions and ensure policy clarity, the ministry is amending the scheme guidelines to allow a student who is availing the ministry’s welfare-based scholarship to also receive a merit-based scholarship from any central or state government agency, wherever eligible,” the labour ministry said in a statement.The ministry said about 0.16 million students have so far received welfare-based financial assistance amounting to Rs 77.9 crore this year, compared with 92,118 beneficiaries who received Rs 31.65 crore in 2024-25.According to the ministry, the initiative aligns with the Code on Social Security, 2020, which seeks to expand social security and welfare measures, including education support, for unorganised workers and their families.



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PM Modi to inaugurate Noida’s Jewar airport, says UP CM Yogi – The Times of India

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PM Modi to inaugurate Noida’s Jewar airport, says UP CM Yogi – The Times of India


NEW DELHI: Prime Minister Narendra Modi will inaugurate the Noida international airport at Jewar next month, Uttar Pradesh chief minister Yogi Adityanath said during an interaction with the Indian diaspora in Singapore.Highlighting the state’s aviation infrastructure, Yogi said Uttar Pradesh currently has the highest number of airports in the country and that the upcoming airport at Jewar would be the largest in India.“Uttar Pradesh has the highest number of airports in India. PM Modi will inaugurate Noida International Airport, Jewar, next month. This is about to be the biggest airport in India,” he said.He added, “Uttar Pradesh has it and today Uttar Pradesh also has the maximum number of airports in India and next month, Noida International Airport Jewar of Uttar Pradesh, which is going to be the biggest airport of India, is also going to be inaugurated by the hands of Prime Minister Modi. It will emerge as the biggest centre not only for passengers but also for cargo. A very big centre is being built and we are taking it forward.The Noidai international airport at Jewar is expected to serve as a major passenger and cargo hub for the region once operational.



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