How India’s Fresh Applications Under ‘Modified Semicon India Program’ will Boost Semiconductor Fab Growth

How India’s Fresh Applications Under ‘Modified Semicon India Program’ will Boost Semiconductor Fab Growth

After unleashing the much-awaited Production Linked Incentive (PLI) of Rs 76,000 crore in December 2021, the government has notified a week back that they are likely to approve another Rs 25,000 crore scheme for boosting chip manufacturing. Under the Modified Semicon India Program, the fresh new applications were being invited by the union government from Jun 1, 2023 onwards in an effort to grow the nation’s display and semiconductor fabs. The cabinet has most probably postponed the PM PRANAM scheme and another meeting is likely to happen soon.

Nijhum Rudra Tue, 07/18/2023 - 15:29

[original story: Circuit Digest]

Circuit Digest 18 Jul 10:59