https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Government Assures Continued Semiconductor Aid up to 70%, Expands Design-Linked Incentives Beyond Startups

Centre to continue 70% aid for semiconductor projects; IT Secretary Krishnan outlines expansion of DLI scheme for larger firms.
Indian Masterminds Stories

New Delhi: The government will continue providing up to 70 percent of project cost as incentives for critical semiconductor manufacturing projects, Electronics and IT Secretary S Krishnan announced on Tuesday. The support combines contributions from both the Centre and state governments.

Strong Policy Backing for Semiconductors

Speaking at the Semicon India event, Krishnan highlighted that India’s assistance for semiconductor initiatives remains unparalleled. Around USD 30 billion in incentives and benefits are already under implementation.

He explained that central support covers 50 percent of capital costs, while states provide an additional 20 percent. “I’ve never come across in all these years a programme as generous as this, with almost 70 percent support. Such assistance will definitely continue for crucial and strategic segments,” Krishnan said.

Focus on Fabs and Display Technology

Krishnan stressed that semiconductor fabs, display fabs, and related devices are vital for India’s technology ecosystem. He added that display fabs would remain a key focus under India Semiconductor Mission (ISM) 2.0.

Prime Minister Narendra Modi had earlier in the day announced plans for a new semiconductor mission and an expanded design-linked incentive (DLI) scheme.

Expanding the Scope of DLI

Krishnan noted that the DLI programme, so far limited to startups and SMEs, will now be broadened. “We are looking to support larger domestic companies and increase assistance, both in terms of grants and access to risk capital,” he said.

At present, MSMEs and startups receive up to USD 2 million in grants under the DLI scheme. Presentations at the event indicated that future plans may extend these benefits to bigger design firms as well.

Industry Welcomes Government Push

MediaTek India managing director Anku Jain said India’s semiconductor sector has seen unprecedented policy backing in the past five years. He added that expanding the DLI scheme will provide a significant boost to the domestic semiconductor ecosystem.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
OIL INDIA
Major Sustainability Drive: Oil India to Scale Recycling of Critical Minerals with Rs 4.3 Crore Grant
Allahabad high court
Supreme Court Collegium Proposes to Elevate 12 Advocates and 14 Judicial Officers as Judges for Allahabad HC - Know All Names
NTPC Green
NTPC Green Energy’s 25 MW Solar Project Becomes Commercially Operational, Raising Group Capacity to 83,366 MW
xr:d:DAFUcbhH9G4:2,j:258256006,t:22121109
HPSEB Claims ₹1,177 Crore from Hydropower Projects; CM Sukhu Seeks Supreme Court Intervention
SBI_resized
Record-Breaking $500 Million Bond Raised by SBI to Support Loan Growth and Demonstrate Investor Confidence
Two crossed national flags on wooden table
India, US in Talks for Bilateral Trade Agreement: Piyush Goyal Confirms at Industry Meet
Semiconductor chips
Government Assures Continued Semiconductor Aid up to 70%, Expands Design-Linked Incentives Beyond Startups
IPS Officer Indian Police Services
Rajasthan Makes History: Husband-Wife Duo Among 5 RPS Officers Promoted to IPS
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Shikha Goel
Decoding Digital Dangers: Insights from IPS Shikha Goel on Cyber Crimes
IPS Mukesh Kumar Bhamoo
Managing Elections, Communal Tensions, and Public Safety – Meet IPS Mukesh Kumar Bhamoo | Video Interview
WhatsApp Image 2025-08-25 at 13.56
Operation Hunt: IPS Dr. Karanraj Vaghela’s Mission to Nab Valsad’s Most Wanted
ADVERTISEMENT
UPSC Stories
IAS Minnu P M
“Lazy, Sleepy, Yet Determined”: Minnu P M’s Honest Take on Cracking UPSC
Minnu PM, once a clerk in Kerala Police, cleared UPSC with AIR 150 after five years of struggle. Her...
IPS Ashish Tiwari
From IIT and Investment Banking to Public Service, Meet IPS Ashish Tiwari 
Ashish Tiwari, IIT graduate and former investment banker, chose public service over global finance. As...
WhatsApp Image 2025-08-12 at 7.27
First Attempt IRS, Fourth Attempt IPS: The Relentless Pursuit of Jitendra Kumar Yadav Who Cracked UPSC 3 Times
IPS Yadav is originally from Chhattisgarh. He was first selected for the IRS through UPSC and later for...
Social Media
IAS Sakshi Sawhney Amritsar DC
Punjab Floods: IAS Sakshi Sawhney’s Emotional Appeal to Elderly Man Wins Hearts, Video of Humanity Goes Viral
Viral Video Captures Emotional Moment as Amritsar DC Shows Sensitivity and Courage Amid Relief Effor...
Masahiro Hara
From Go Board to Global Use, How QR Codes Changed the World: IRAS Officer Ananth Rupanagudi Spotlights Masahiro Hara’s Vision
IRAS officer Ananth Rupanagudi shared a video on Masahiro Hara, the inventor of QR codes, highlighting...
IFS Susanta Nanda Video
A Mother’s Duty: Tigress Watches Over Cubs Splashing in Waterhole — Heartwarming Video Shared By Retd. IFS Officer Susanta Nanda
A tender wildlife video shared by Retd. IFS officer Susanta Nanda shows a tigress keeping watch over...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
OIL INDIA
Major Sustainability Drive: Oil India to Scale Recycling of Critical Minerals with Rs 4.3 Crore Grant
Allahabad high court
Supreme Court Collegium Proposes to Elevate 12 Advocates and 14 Judicial Officers as Judges for Allahabad HC - Know All Names
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
IPS Shikha Goel
IPS Mukesh Kumar Bhamoo
WhatsApp Image 2025-08-25 at 13.56
ADVERTISEMENT
ADVERTISEMENT