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Five more chipmakers get govt nod under design-led incentive scheme

The Morning Standard

|

July 04, 2023

DAYS after approving US-based Micron Technology for semiconductor PLI scheme, the government on Monday approved five applications under the design-led-Incentive scheme.

- RAKESH KUMAR

Five more chipmakers get govt nod under design-led incentive scheme

Minister of Communications, Electronics, and Information Technology Ashwini Vaishnaw while launching Bharat 6G alliances said India is getting enquiry from the big companies about the semiconductor scheme from all over the world.

Big semiconductor companies from the USA, Europe and SouthEast Asia are showing interest in in the semiconductor scheme. “I am very happy to share that, as a part of the semiconductor scheme, five companies have been selected for the design-led-Incentive scheme. All these five companies have given a very good project proposal for chip design for satellite communication and telecom,” said the minister.

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