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Government to boost funds for India Semiconductor Mission, says MeitY Secretary

By Economic Times - 7 months ago
In 2021, Prime Minister Narendra Modi's government launched the India Semiconductor Mission (ISM) with an outlay of ₹76,000 crore for semiconductor manufacturing, packaging, and design units. The scheme for setting up of semiconductor fabrication units in India offers fiscal support of up to 50% of the project cost on a pari-passu basis to the approved applicants.

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