Veldhoven, Jan. 23 -- Union Electronics and Information Technology Minister Ashwini Vaishnaw on Friday expressed satisfaction over the progress of India's Semiconductor Mission, stating that the government has met its target of initiating commercial semiconductor chip production within the planned timeline.

Speaking to ANI, Vaishnaw said that when the Semiconductor Mission was launched in January 2022, the government had set a goal of starting commercial production within five years. He noted that the first commercial production will begin in 2026, with four plants expected to commence operations this year. He added that pilot production has already started in three plants in 2025.

"When we started the Semiconductor Mission on 1st Janua...