PM Modi Launches INR 1 Lakh Cr Fund To Boost Semiconductor Industry

PM Modi Unveils INR 1 Lakh Cr Fund

PM Modi announced a special INR 1 Lakh Cr fund to drive innovation in semiconductors and technology, aiming to make India a global semiconductor leader.

50% Fiscal Support for Semiconductor Fabs

India offers 50% financial support to companies setting up semiconductor fabs, boosting the country’s manufacturing capabilities under a 360-degree strategy.

India Semiconductor Mission

Launched in 2021 with INR 76,000 Cr, the India Semiconductor Mission aims to build a complete semiconductor ecosystem, covering fabs, packaging, and design.

India’s Strategic Semiconductor Advantage

With a growing market and strong digital infrastructure, PM Modi highlights India’s strategic position and invites foreign investments with stable policies.

India’s Semiconductor Industry Growth

India’s semiconductor industry is projected to grow from $33 Bn in 2023 to $150 Bn by 2030, with over 100 startups currently operating in the sector.

Apple Unveils iPhone 16 Series With Made-In-India Models