Photo: Hindustan Times
Union Cabinet Approves Rs 76,000 Crore For Manufacturing Semiconductor Chips
The Union Cabinet, on December 15, approved Rs 76,000 crore for designing & manufacturing of semiconductor chips in India. Launched to enhance display manufacturing ecosystem, it will bring about a $5 trillion economy by 2025. The project will reportedly have effect on various sectors including electronics field. "In the next six years we will reach USD 300 billion in electronic and manufacturing," said Union Minister Anurag Thakur.
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