Saturday, August 23, 2025

Govt commits 97% of funds earmarked for chip manufacturing

The Indian government has committed approximately Rs 62,900 crore, 97% of the Rs 65,000 crore fund, as incentives for semiconductor production. With limited funds remaining, only a few small projects can be accommodated. The Semicon India 2025 event, featuring delegates from 33 countries and top executives, will be inaugurated by Prime Minister Narendra Modi from September 2-4.

from Tech-Economic Times https://ift.tt/mBERDGC

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