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PLI scheme for chip: 20 requests pending
The New Indian Express
|September 10, 2024
Country is likely to have over 10 semiconductor units within next decade to meet domestic, global demand, says officia
NEARLY 20 applications are pending with the Ministry of Electronics and Information Technology for evaluation and approval for semiconductor under the production linked incentive scheme, a senior government official said on Monday.
As per Akash Tripathi, CEO of the India Semiconductor Mission, the country is expected to have more than 10 semiconductor units within the next decade to meet its domestic and global demand. “India should have at least 10 semiconductor units including fabs to meet the demand for chips both in India and worldwide," said Tripathi.
This story is from the September 10, 2024 edition of The New Indian Express.
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