The DLI scheme aims to offer financial incentives as well as design infrastructure support across various stages of development and deployment of semiconductor design(s) for Integrated Circuits (ICs), Chipsets, System on Chips (SoCs), Systems & IP Cores and semiconductor linked design(s) over a period of five years.(AI)
The government will expand the designlinked incentive (DLI) scheme for semiconductor companies to include larger companies both foreign and Indian, as suggested by the industry stakeholders, Rajeev Chandrasekhar, minister of state for electronics and IT informed on Saturday.
It is important for the world to see India emerge as a trusted, resilient partner in the electronics and semiconductor space, Union Minister Rajeev Chandrasekhar said here on Saturday, and asserted the world wants to partner with India for the country to grow its footprints in the semiconductor ecosystem.
India s burgeoning talent pool and favorable government policies have positioned the country as an alluring destination for semiconductor ventures, according to Prabu Raja, the president of Semiconductor Products Group (SPG) at Applied Materials, a USbased company specializing in materials engineering solutions for chip manufacturing.
Micron Technology Chief Sanjay Mehrotra called on Prime Minister Narendra Modi on Friday and discussed plans to bolster the semiconductor manufacturing ecosystem within India. The Micron Technology Chief met the Prime Minister in Gujarat’s Gandhinagar.
Odisha is wooing global IT and semiconductor industries to transform state s tech landscape, said officials, adding that many large IT and Semiconductor MNCs have expressed their intention to invest in the State.
The Prime Minister, Shri Narendra Modi met with Mr. Sanjay Mehrotra, President and CEO of Micron Technology in Gandhinagar, Gujarat. They discussed Micron Technology s plans to bolster the semiconductor manufacturing ecosystem within India. The Prime Minister s Office tweeted;
Gujarat Chief Minister Bhupendra Patel on Friday expressed confidence that India will soon become a global player in the semiconductor sector under the leadership of Prime Minister Narendra Modi Patel was speaking at the Semicon India 2023.
Stating that India s future is bright in semiconductor ecosystem, Rajeev Chandrasekhar, Minister of State for Electronics and IT, on Saturday said the ministry will build a robust and a competitive presence in the global semiconductor ecosystem in the next ten years.
US based Silicon Power Group plans to invest Rs 10 billion ($121.73 million) to establish a facility in India s Odisha state for manufacturing 150 millimetre silicon carbide, a semiconductor component, reported Mint.
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