India’s decades-old dream to become a semiconductor manufacturing hub is finally moving in the right direction. The semiconductor scheme announced in December 2021 has received excellent progress, and a groundbreaking ceremony for the Indian semiconductor unit will happen in 2-3 months, said IT and Electronics minister Ashwini Vaishnav at Business Today’s India@100 conclave. In December 2021, the government of India approved a semiconductor incentive scheme worth Rs 76,000 crores to make India a semiconductor nation.


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