India will break ground on its first semiconductor assembly plant next month and begin producing the country’s first domestically manufactured microchips by the end of 2024, according to a senior government official who is overseeing New Delhi’s $10bn chipmaking foray.

Ashwini Vaishnaw, India’s minister of electronics and information technology, said US semiconductor company Micron Technology, which is setting up a chip assembly and test facility in Gujarat, would start construction in August on the $2.75bn project, which includes government support.

Vaishnaw said the India Semiconductor Mission spearheaded by Narendra Modi’s government was also doing “extensive work” to marshal support from other supply chain partners, including suppliers of chemicals, gases and manufacturing equipment, alongside companies interested in setting up silicon wafer fabrication plants.