Govt approves Rs 76K crore PLI scheme for semiconductor manufacturing
Union Cabinet has approved incentives worth Rs 76,000 crore for the development of semiconductors and display manufacturing ecosystem in India.
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Union Cabinet has approved incentives worth Rs 76,000 crore for the development of semiconductors and display manufacturing ecosystem in India.
Industry leaders have hailed government's semiconductor manufacturing decision, calling it a visionary announcement.
In furtherance of the vision of Aatmanirbhar Bharat and positioning India as the global hub for Electronic System Design and Manufacturing, the Union Cabinet chaired by Hon’ble Prime Minister Narendra Modi has approved the comprehensive program for the development of sustainable semiconductor and display ecosystem in the country. 📰 PM Narendra Modi-Led Cabinet Approves Programme for Development of Semiconductors and Display Manufacturing Ecosystem in India.
The Central government on Wednesday approved a comprehensive programme for the development of sustainable semiconductor and display ecosystem in the country.Accordingly, the Union Cabinet took the decision to launch the programme that is ...
The move, said Union Minister Ashwini Vaishnaw, would boost the development of a complete semiconductor ecosystem, ranging from design, fabrication, packaging, and testing.