Intel is planning to set up its semiconductor manufacturing unit in India. The Minister for IT and Electronics, Ashwini Vaishnaw, welcomed Intel to India in his tweet.
Semiconductor scheme
Rs 76,000-crore has been approved by the cabinet as a policy boost for semiconductor production. This is to position India as a global hub for hi-tech production. Vaishnaw observed that electronics play an important role in everyday life. Semiconductor chips forms a crucial part of electronics.
India sees chipmakers starting local production in the next 2-3 Years as government launches semiconductor scheme.
