The 76,000-crore incentive package was launched in December 2021 to support companies making semiconductors and investing in them. That amount has been nearly exhausted, necessitating a fresh boost for India s big chip plan. And indications are that the coming plan will likely be much bigger in scale.
Government on Thursday cleared proposals for three semiconductor manufacturing units worth Rs 1.3 lakh crore, including the country s first fab manufacturing plant by Tata Group and Taiwanese Powerchip Semiconductor Manufacturing Corp (PSMC) in Gujarat. This will be a big push to India s electronics manufacturing set-up as the chips will be made within the country for the first time.
Tata Electronics Rs 91,000-crore project will be set up in Gujarats Dholera district in partnership with Taiwanese Powerchip Semiconductor Manufacturing Corp (PSMC), Union communications and IT minister Ashwini Vaishnaw said in a press briefing on Thursday.
The Rs 91,000-crore project will be set up in Gujarats Dholera district in partnership with Taiwanese Powerchip Semiconductor Manufacturing Corp (PSMC), Union communications and IT minister Ashwini Vaishnaw told a press briefing on Thursday.
India Business News: Government on Thursday cleared proposals for three semiconductor manufacturing units worth Rs 1.3 lakh crore, including the country's first fab manufa