India Budget gives a big push to semiconductor, electronics manufacturing
Thu, Feb 1, 2024 3:55 PM

India Budget gives a big push to semiconductor, electronics manufacturing

A Flip by Shubhangi Gupta
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FM Nirmala Sitharaman has increased outlay on semiconductors & display manufacturing under 'Modified Programmed for Development of Semiconductors and Display Manufacturing Ecosystem in India' by 130% to Rs 6,903 crore in the Budget 2024. Under this scheme, capex on land, buildings, plants, equipment, cleanrooms, transfer of tech, and R&D are covered for support for a period of over six years.

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