TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Karnataka Powerplay Spills Over To Delhi With A 'Babu vs Babu' Clash

    Karnataka Turf War Erupts in Delhi: CM vs DCM Aides Involved in Ugly Clash

    “Ireland Isn’t Safe”: Indian National Issues Warning on Safety After Mob Attack in Dublin

    “Ireland Isn’t Safe”: Indian National Issues Warning on Safety After Mob Attack in Dublin

    Kanhaiya Lal’s Son Questions Delays in Justice

    Udaipur Files Gets SC Go-Ahead, Kanhaiya Lal’s Son Asks: Where’s Justice for My Father?

    Indira Jaising's Demand to Lower Consent Age Draws BJP Flak, Govt Concern

    BJP Hits Out at Indira Jaising’s Plea to Lower Age of Consent; Centre Fears It May Fuel Trafficking

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India Bans 25 OTT Platforms

    India Bans 25 OTT Platforms Including ULLU, ALTT & Desiflix for Obscene Content

    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    How to Choose the Best Bank to Open a Savings Account in 2025

    How to Choose the Best Bank to Open a Savings Account in 2025

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    ‘Rudra’ Brigades Announced: Army Chief Unveils New All-Arms Force on Kargil Vijay Diwas

    ‘Rudra’ Brigades Announced: Army Chief Unveils New All-Arms Force on Kargil Vijay Diwas

    From 1999 to Operation Sindoor: Kargil Vijay Diwas Marks India’s Unyielding Defence Legacy

    From 1999 to Operation Sindoor: Kargil Vijay Diwas Marks India’s Unyielding Defence Legacy

    India Cautions Citizens in Cambodia Amid Tensions Along Thai Border

    India Cautions its Citizens in Cambodia Amid Tensions Along Thai Border

    “Operation Sindoor Ongoing, Military Must Maintain High Readiness”: CDS General Anil Chauhan

    “Operation Sindoor Ongoing, Military Must Maintain High Readiness”: CDS General Anil Chauhan

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    China’s Failed Gamble in the Maldives: A Broader Pattern in South Asia

    China’s Failed Gamble in the Maldives: A Broader Pattern in South Asia

    Pakistan Backs Off: Islamabad Caves In on TRF After U.S. Terror Tag

    Pakistan Backs Off: Islamabad Caves In on TRF After U.S. Terror Tag

    From ‘India Out’ to Red Carpet Welcome: The Turnaround

    Modi-Muizzu Meet Yields Breakthrough Pacts, From ‘India Out’ to Red Carpet Welcome: The Turnaround

    Bail Rejected by Chattogram Sessions Court for Chinmoy Krishna Das

    Chinmoy Krishna Das Denied Bail Again Amid Growing Persecution of Hindus in Bangladesh

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    India Cautions Citizens in Cambodia Amid Tensions Along Thai Border

    India Cautions its Citizens in Cambodia Amid Tensions Along Thai Border

    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    Highest RTP Casino Games to Get Better Wins

    Highest RTP Casino Games to Get Better Wins

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Karnataka Powerplay Spills Over To Delhi With A 'Babu vs Babu' Clash

    Karnataka Turf War Erupts in Delhi: CM vs DCM Aides Involved in Ugly Clash

    “Ireland Isn’t Safe”: Indian National Issues Warning on Safety After Mob Attack in Dublin

    “Ireland Isn’t Safe”: Indian National Issues Warning on Safety After Mob Attack in Dublin

    Kanhaiya Lal’s Son Questions Delays in Justice

    Udaipur Files Gets SC Go-Ahead, Kanhaiya Lal’s Son Asks: Where’s Justice for My Father?

    Indira Jaising's Demand to Lower Consent Age Draws BJP Flak, Govt Concern

    BJP Hits Out at Indira Jaising’s Plea to Lower Age of Consent; Centre Fears It May Fuel Trafficking

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India Bans 25 OTT Platforms

    India Bans 25 OTT Platforms Including ULLU, ALTT & Desiflix for Obscene Content

    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    How to Choose the Best Bank to Open a Savings Account in 2025

    How to Choose the Best Bank to Open a Savings Account in 2025

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    ‘Rudra’ Brigades Announced: Army Chief Unveils New All-Arms Force on Kargil Vijay Diwas

    ‘Rudra’ Brigades Announced: Army Chief Unveils New All-Arms Force on Kargil Vijay Diwas

    From 1999 to Operation Sindoor: Kargil Vijay Diwas Marks India’s Unyielding Defence Legacy

    From 1999 to Operation Sindoor: Kargil Vijay Diwas Marks India’s Unyielding Defence Legacy

    India Cautions Citizens in Cambodia Amid Tensions Along Thai Border

    India Cautions its Citizens in Cambodia Amid Tensions Along Thai Border

    “Operation Sindoor Ongoing, Military Must Maintain High Readiness”: CDS General Anil Chauhan

    “Operation Sindoor Ongoing, Military Must Maintain High Readiness”: CDS General Anil Chauhan

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    China’s Failed Gamble in the Maldives: A Broader Pattern in South Asia

    China’s Failed Gamble in the Maldives: A Broader Pattern in South Asia

    Pakistan Backs Off: Islamabad Caves In on TRF After U.S. Terror Tag

    Pakistan Backs Off: Islamabad Caves In on TRF After U.S. Terror Tag

    From ‘India Out’ to Red Carpet Welcome: The Turnaround

    Modi-Muizzu Meet Yields Breakthrough Pacts, From ‘India Out’ to Red Carpet Welcome: The Turnaround

    Bail Rejected by Chattogram Sessions Court for Chinmoy Krishna Das

    Chinmoy Krishna Das Denied Bail Again Amid Growing Persecution of Hindus in Bangladesh

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    India Cautions Citizens in Cambodia Amid Tensions Along Thai Border

    India Cautions its Citizens in Cambodia Amid Tensions Along Thai Border

    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    Highest RTP Casino Games to Get Better Wins

    Highest RTP Casino Games to Get Better Wins

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

PM Modi begins leading India towards a semiconductor revolution

Sanbeer Singh Ranhotra by Sanbeer Singh Ranhotra
3 December 2021
in Trending
PM, Narendra Modi, Semiconductor, global, leader
Share on FacebookShare on X

Prime Minister Narendra Modi has some big plans. Among them, is his dream of making India a semiconductor manufacturing hub. Around the world, semiconductors have gained tremendous prominence, and it would suffice to say that they have become crucial to humans in the 21st century. Usually made of silicon, semiconductors are a strategic technological asset in today’s globalised world. From car batteries to laptops to smartphones to household appliances to gaming consoles and everything in between, semiconductors perform the fulcrum of the job in powering smart electronic devices. Now, the Modi government is planning to offer a massive incentives package to semiconductor manufacturers from around the world to set a base in India.

According to Bloomberg, India is finalising an incentive package of more than $10 billion to attract companies to start manufacturing semiconductors in the country. According to highly placed sources directly in the know of all that is happening on the microchip front, the government will offer incentives of 760 billion rupees (US$10.2 billion) over six years for domestic production of semiconductor fabs, display fabs, design and packaging to cut down dependence on imports. The Union Cabinet will soon take up this package for approval. 

RelatedPosts

China’s Failed Gamble in the Maldives: A Broader Pattern in South Asia

Modi-Muizzu Meet Yields Breakthrough Pacts, From ‘India Out’ to Red Carpet Welcome: The Turnaround

Karnataka’s Fire Cess Sparks Backlash: Citizens Question 1% Levy on Multi-Storey Buildings

Load More

India planning $10 billion incentive package for #semiconductor manufacturers, reports Bloomberg.

For the latest business and finance news updates visit: https://t.co/wuNKpC2r5k pic.twitter.com/ZvC9lwS4Vi

— NDTV Profit (@NDTVProfitIndia) December 2, 2021

The Bloomberg report added that the proposed plan includes the government providing up to 50% of capital expenditure to companies selected for manufacturing semiconductor fab along with providing design-linked incentives. The package is likely to be over and above the SOPs provided last year under production-linked incentives for the manufacturing of electronic components and semiconductors. According to government estimates, the $10 billion incentive package will help attract semiconductor investments to the tune of 1.7 trillion rupees (US$24 billion) in the next six years. 

Modi and India’s Semiconductor Revolution

Narendra Modi is no ordinary prime minister. He is a man who is determined to turn India into a global power to be reckoned with. With the 760 billion rupees incentive package for semiconductor manufacturers, PM Modi is ensuring that India seizes the moment and emerges as a favoured destination for microchip manufacturers. All strong countries today want to domestically produce semiconductors – owing to their extreme importance across several walks of life. 

The time to secure semiconductor investments is now, as manufacturers around the world scout for newer pastures. The global semiconductor shortage has prompted manufacturers to diversify their country portfolios and set up bases in various nations. Interestingly, manufactures are looking to manufacture in a country that incentivises them, minus China. The Communist nation is nowhere in the picture when it comes to attracting microchip manufacturers, and India is taking advantage of the same. 

Recent Developments

India is all set to get its first semiconductor production facility by late next year. As reported by TFI, Tata Group is all set to invest close to $300 million in an outsourced semiconductor assembly and test (OSAT) plant. An OSAT plant sources silicon wafers from semiconductor foundries, packages, assembles and tests them, finally turning them into finished semiconductor chips. For the same, Tata is in talks with at least three states – Karnataka, Telangana and Tamil Nadu. The final venue of the OSAT plat could be finalised this month, with operations beginning by late 2022. 

Read more: Tata jumps into the global chip war and that’s great news for India

Separately, the Modi government is in advanced talks with Taiwan over bringing a chip plant worth an estimated $7.5 billion to India to supply everything from 5G devices to electric cars. It is also scouting for possible locations with adequate land, water and manpower to help the Taiwanese manufacturers set up factories. 

The world is facing a chip shortage. Companies are increasingly decoupling from China, and the demand for Taiwanese semiconductors has shot up. However, there are not enough semiconductor manufacturing facilities around the world that can keep up with the soaring demand for these electronic chips. Therefore, India’s push for attracting semiconductor firms to manufacture in the country could not have come at a better time. 

Tags: ChinaKarnatakaNarendra ModiSemiconductorsTaiwanTataTata GroupTelangana
Share39TweetSend
Previous Post

“Mathura abhi Baaki hai,” is Yogi Adityanath’s heartfelt call to the Yaduvanshis

Next Post

In 2016 Carlsberg had promised to transform Bihar. But Nitish Kumar stuck a dagger in its CEO’s back

Related Posts

Karnataka Powerplay Spills Over To Delhi With A 'Babu vs Babu' Clash
Trending

Karnataka Turf War Erupts in Delhi: CM vs DCM Aides Involved in Ugly Clash

26 July 2025

A seemingly bureaucratic tussle at Karnataka Bhavan in New Delhi has exploded into a political storm, revealing widening cracks...

“Ireland Isn’t Safe”: Indian National Issues Warning on Safety After Mob Attack in Dublin
Crime

“Ireland Isn’t Safe”: Indian National Issues Warning on Safety After Mob Attack in Dublin

26 July 2025

Days after an Indian man was violently attacked and assaulted in Tallaght, a suburb of Dublin, another Indian national...

Kanhaiya Lal’s Son Questions Delays in Justice
Law

Udaipur Files Gets SC Go-Ahead, Kanhaiya Lal’s Son Asks: Where’s Justice for My Father?

26 July 2025

In a significant development, the Supreme Court on Friday declined to extend the stay on the release of the...

Load More

Comments 1

  1. Tapan chattopaadhyaay +91 says:
    3 years ago

    . PM Modiji is an extraordinary PM. Good news.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

Will India Buy F-35s from US or Build Su-57s with Russia? IAF’s Big Push Explained

Will India Buy F-35s from US or Build Su-57s with Russia? IAF’s Big Push Explained

00:08:32

PM Modi’s Blueprint for Tamil Nadu Begins at Rajendra Chola’s Capital Gangaikonda Cholapuram

00:07:57

One Woman. Two Brothers. Jodidaran- A Living Example of Polyandry in Himachal's Hatti Tribe.

00:05:32

Lashkar-e-Taiba on the Run from Muridke: Is Bahawalpur Becoming Pakistan’s New Terror Capital?

00:07:26

Britain’s Million-Dollar Bird Finally Takes Off!

00:06:43
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap
MASHABLE IS A GLOBAL, MULTI-PLATFORM MEDIA AND ENTERTAINMENT COMPANY. FOR MORE QUERIES AND NEWS, CONTACT US AT info@mashablepartners.com


©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited