SaralnamaToday: India plans to invest ₹1.66 lakh crore to boost its semiconductor industry. The electronics ministry has sent a proposal to the finance ministry. From October: The finance ministry may approve the plan. Until 2025: The first phase of India Semiconductor Mission ends. Next: The government aims to build advanced chip fabs, set up India's first display fab, and promote chip design patents. The new plan may increase design incentives to ₹5,000 crore. India wants to become a full-stack semiconductor nation. Prime Minister Modi says commercial chips will start production this year. The country seeks to create a complete ecosystem for semiconductor manufacturing. (Updated 9 Sep 2025, 06:09 IST; source: link)
Key Points
- Today: India plans to invest ₹1.66 lakh crore to boost its semiconductor industry
- The electronics ministry has sent a proposal to the finance ministry
- From October: The finance ministry may approve the plan