DLI scheme: IT Ministry seeks applications from domestic companies

In a press note, the Ministry said under the DLI scheme, domestic companies, startups as well as MSMEs will receive fiscal and design infrastructure support at various stages of development and deployment of their plans over the next five years.

The Centre for Development of Advanced Computing (C-DAC) will act as the nodal agency for the implementation of the DLI scheme. Apart from applications from companies, the IT ministry has also sought applications and proposals from the academia, research and development organisations, startups and MSMEs for training of 85,000 “high-quality and qualified engineers” on various aspects of semiconductor design and manufacturing.

In December last year, the IT ministry had approved a Rs 76,000 crore scheme to promote the domestic manufacturing of semiconductor and allied devices. The scheme is expected to provide a globally competitive incentive package to companies in semiconductors and display manufacturing as well as design.

Subscriber Only Stories

View All

Japanese literary giant Haruki Murakami to publish new novel after six years

Union Budget 2023 | After targeting rural and urban poor, a 2024 signal: ...

Chhattisgarh: How mohalla classes and online sessions helped students tid...

Healthcare budget: 157 new nursing colleges on the cards, drive to end si...

Monthly plan to access Budget

The move assumes significance at a time when there is a global shortage of semiconductor products and large chipmakers including Intel, TSMC, Texas Instruments, etc are looking to add capacity.