MeitY to Release ₹7,100 Crore for Semiconductor Projects in FY27
In a major push to strengthen India’s semiconductor ambitions, the Department of Electronics under the Ministry of Electronics and Information Technology (MeitY) is set to disburse around ₹7,100 crore in incentives during FY2026-27. The move is aimed at accelerating the country’s semiconductor manufacturing and design ecosystem while creating thousands of high-skilled jobs.