Govt may chip in further to aid semiconductor sector

As the Centre’s $10-billion production-linked incentive (PLI) scheme to promote semiconductor fabrication in India gains momentum, S Krishnan, secretary, ministry of electronics and information technology (MeitY), on Monday said there could be further support for the semiconductor industry.

While addressing the Semiconductor Ecosystem Conference, organised by the Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA) with Software Technology Parks of India (STPI) in Pune, Krishnan emphasised the importance for India, given its size, not to rely entirely on semiconductors from abroad.