Govt Commits 97% Of Chip Manufacturing Fund: Report

The Indian government has committed around INR 62,900 Cr, or 97% for semiconductor manufacturing

The funds left can accommodate small projects, said IT Secretary S Krishnan

Majority of INR 76,000 Cr India Semiconductor Mission allocated to production, with smaller portions for design and lab modernisation

The government has reportedly committed around INR 62,900 Cr, nearly 97% of the INR 65,000 Cr, earmarked for semiconductor manufacturing incentives. 

A PTI report,…