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Govt to take equity stakes in semiconductor startups
NEW DELHI: In a major boost for India's semiconductor startup policy, govt is redesigning its support framework under Semicon 2.0 and intends to move away from one-time grants to a model of larger, milestone-linked funding coupled with equity investments, alongside venture capital (VC) firms.
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economictimes.indiatimes.com
Cabinet highlights: India clears Rs 2.19 lakh crore mega push across chips, corridors and mobile manufacturing
The Cabinet approved Semicon 2.0 with a Rs 1,27,500 crore outlay for chip manufacturing. A Rs 62,500 crore scheme will boost mobile phone manufacturing and local value addition.…
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hurriyetdailynews.com
India approves $13 billion semiconductor plan - Latest News
