Govt has 4 proposals for semiconductor plants, 13 for chip assembly units

The proposals are in addition to a Rs 22,516-crore chip assembly plant being set up by US-based memory chip maker Micron, Minister of State for Electronics and IT Rajeev Chandrasekhar said in a written reply in the Lok Sabha.

ETtech
The government has received four proposals for setting up semiconductor manufacturing plants and 13 for chip assemblies unit, Parliament was informed on Wednesday. The proposals are in addition to a Rs 22,516-crore chip assembly plant being set up by US-based memory chip maker Micron, minister of state for electronics and IT Rajeev Chandrasekhar said in a written reply in the Lok Sabha.

"Four proposals have been received for setting up semiconductor fabs and additional 13 proposals have been received for setting up compound semiconductor fabs and ATMP ( Assembly, Testing, Marking and Packaging) facilities," the minister said.

The government has approved the Semicon India programme with a total outlay of Rs 76,000 crore for the development of semiconductor and display manufacturing ecosystem in the country.


The programme aims to provide financial support to companies investing in semiconductors, display manufacturing and design ecosystems.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Tech › Tech & Internet › Govt has 4 proposals for semiconductor plants, 13 for chip assembly units
Text Size:AAA
Success
This article has been saved

*

+