2-3 more semicon companies likely to come to India: MeitY’s S Krishnan

NEW DELHI: Two to three more semiconductor companies are likely to come to India, encouraged by the Centre’s ambitious India Semiconductor Mission (ISM) scheme, according to S Krishnan, secretary, Ministry of Electronics and IT (MeitY).

“We have got to 10 (number of approved semicon projects). Maybe two or three more (companies), and then we should be fully absorbing whatever we have done in the first phase of the India Semiconductor Mission,” Krishnan said on Monday at an event organised by the India Cellular and Electronics Association (ICEA).