Manufacturing

Cabinet approves Rs 76,000-cr PLI scheme for semiconductor manufacturing

Published on December 15, 2021

The Union Cabinet on Wednesday approved a production linked incentive (PLI) scheme for semiconductor and display board production in the country, I&B Minister Anurag Thakur said.

The scheme envisages investment of Rs 76,000 crore in semiconductor production over the next 5-6 years, he said.

Also read: SpiceJet settles disputes with Canadian plane maker De Havilland

Telecom and IT Minister Ashwini Vaishnaw said the decision will help design, fabrication, packing and testing of the microchips and develop a complete ecosystem.

Related Topics:Anurag Thakur, Ashwini Vaishnaw, Featured, manufacturing, PLI scheme, production, semiconductor, Union Cabinet

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Also read: SpiceJet settles disputes with Canadian plane maker De Havilland

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