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The government has committed around Rs 62,900 crore, or 97%, of the Rs 65,000 crore fund earmarked as incentives for semiconductor production in the country, a top official said on Friday.
While briefing on the Semicon India 2025 event, Electronics and IT Secretary S Krishnan said the funds left can accommodate only small projects.
He said that under the Rs 76,000 crore India Semiconductor Mission, Rs 65,000 crore was allocated for chip production, Rs 10,000 crore for the modernisation of the Semiconductor Laboratory in Mohali and Rs 1,000 crore for…
