India is reportedly preparing a massive incentive package worth nearly ₹1 lakh crore to accelerate domestic semiconductor manufacturing and strengthen its position in the global chip supply chain. The move is part of the government’s broader strategy to reduce dependence on imported semiconductors and transform the country into a major electronics manufacturing hub.
According to multiple industry reports, the proposed incentives are expected to support companies setting up chip fabrication plants (fabs), semiconductor assembly facilities, and related supply chain infrastructure. If approved, this initiative could become one of the largest government-backed semiconductor incentive programs g
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