Business Standard

Sunday, December 22, 2024 | 01:05 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

A good initiative

States hold key to success of semiconductor incentive plan

semiconductor
Premium

Shortage of raw materials and unavailability of containers in August have lengthened lead times – the time taken between ordering a chip and its delivery.

Business Standard Editorial Comment
The Cabinet decision to extend the production-linked incentive, or PLI, scheme to semiconductors with a budgeted incentive of Rs 76,000 crore over the next six years should encourage investment flows. While India has excellent semiconductor design houses, including many R&D units owned by global majors, the lack of fabrication capacity leaves a huge gap in the electronics value chain.

The scheme envisages support to outfits engaged in silicon semiconductor fabs, display fabs, compound semiconductors, silicon photonics and sensors fabs, semiconductor packaging, and semiconductor design. At the least, the PLI targets kick-starting two greenfield semiconductor fabs and two display fabs as

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in