INDIA's SEMICONDUCTOR MISSION II The Ministry of Electronics & Information Technology (MeitY) has demended from the Government of ther India Rs.1.50 lakh crore for the launch of Second Phase of its Semiconductor programme. This is significantly higher as compared with Rs.76,000 crore approved undedr the first India semiconductor mission signallying the government's push to deepen domestic semiconductor manufacturing and reduce import depencence. Semiconductor mission 2.0 will expand support beyond chip fabrication and design to cover the wider semiconductor ecosystem, including capital equipment, speciality chemicals, industrial gases, raw materials and other inputs. This time micro, small and medium enterprises(MSMEs) and ancillary suppliers will also be brought under the incentive framework programme The revamped proogramme will also include a new design-linked incentive(DLI) scheme to allow foreign companies to partner with Indian firms for semiconductor research and ...
Economic Challenger is an International Journal published quarterly from India. Through this participatory publication, our aim is to generate a discussion among academia, industry and social leaders on socio-economic issues concerning us. This journal is refereed and reaches out to major academic institutions and also to the subscribers, contributors and editorial board members scattered across the world. Available in digital version as well.