Business Today
- Jun 1

Chip push: Govt reopens applications for high-tech semiconductor and display fabs in India

After 15 months of closing the first round of applications for the semiconductor scheme, the government has decided to invite new applications for setting up semiconductor fabs and display fabs in India. The scheme will reopen on June 1, 2023, under the Modified Semicon India Programme. Earlier in the day, Minister Rajeev Chandrasekhar tweeted, confirming the government's decision to reopen the semiconductor and display fabs.

India Semiconductor Mission (ISM), the nodal agency responsible for implementing the Modified Semicon India Programme for the development of the semiconductor and display manufacturing ecosystem in India, will receive and evaluate the applications.