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India Boosts Chip Manufacturing with Fiscal Aid, Global Partnerships, and Talent Development"

Published on April 02, 2025
Current Context: The Government of India is driving its chip manufacturing ambitions through the Semicon India Programme, launched on April 2, 2025, in New Delhi.
India Boosts Chip Manufacturing with Fiscal Aid, Global Partnerships, and Talent Development"
Key highlights of the initiative include:
  • Fiscal Support: Up to 50% of project costs covered for setting up semiconductor fabs, display fabs, and other facilities.
  • Global Collaborations: MoUs signed with countries like the USA, European Union, Japan, and Singapore to bolster India's semiconductor ecosystem.
  • Talent Development: Programs like Chips to Startup (C2S) aim to train 85,000 professionals, introducing new curricula for semiconductor technology in B.Tech and diploma courses.
  • The programme's goal is to establish India as a global hub for semiconductor innovation and manufacturing, boosting economic resilience and technological advancement.

Question:

Q.1 Which of the following countries has India signed MoUs with under the Semicon India Programme?
a) USA, European Union, Japan, Singapore

b) China, Russia, Brazil, UK
c) Canada, Australia, UAE, Germany
d) France, South Korea, Italy, Mexico

Answer: a) The Government of India has signed MoUs with the USA, European Union, Japan, and Singapore to strengthen India's semiconductor ecosystem through global partnerships.
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