Are Government’s New Schemes For Semiconductors Enough To Make India Atmanirbhar?
the Union Cabinet recently approved a ‘comprehensive programme for the development of a sustainable semiconductor and display ecosystem’. This programme emphasised that India intends to play a more prominent role in the hyper-globalised semiconductor supply chain. Following up on that announcement, the Ministry of Electronics & Information Technology (MeitY) on December 21 notified four specific schemes to reduce India’s dependency on imports and build an ecosystem for the production of semiconductors. On December 30, MeitY released the guidelines for these schemes.