Economy · India
India launches ₹1.27 lakh crore scheme to boost semiconductor manufacturing
The Indian government has officially launched the Semicon India 2.0 policy, allocating ₹1.27 lakh crore to develop the country's semiconductor ecosystem. The scheme aims to encourage domestic chip design and manufacturing, including setting up fabrication plants, assembly, packaging, and testing units. It also covers capital equipment for chip production and aims to foster Indian firms in chip design.
How outlets across the spectrum covered it
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- Centre (4 votes, 5 outlets): The Economic Times · The Times of India (Times Group — 1 vote), The Hindu BusinessLine, The New Indian Express, The Statesman