Sunday, 10 March, 2024

Government to Increase Funds for India Semiconductor Mission, Announces MEITY Secretary

The Ministry of Electronics and Information Technology (MEITY) Secretary has disclosed plans to augment funding for the India Semiconductor Mission. This initiative aims to enhance domestic semiconductor production capabilities, reducing dependency on imports. The increased funding underscores the government's commitment to bolstering India's semiconductor industry and promoting self-reliance in critical technology sectors.