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On December 15, 2021, Union Cabinet approved a Rs 76,000-crore scheme for boosting semiconductor and display manufacturing in India.
Significance of the semiconductor scheme
This move is significant because, in the present geopolitical scenario, trusted sources of semiconductors and displays have strategic importance. These are key to the security of critical information infrastructure. Furthermore, this scheme has been approved at a time when the world is witnessing a severe crunch of semiconductors, which is an important component of cars and electronic devices. Supply of semiconductors have disrupted due to pandemic.
By: Brijesh Kumar ProfileResourcesReport error
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