The package allocates ₹1,27,500 crore for semiconductor design and manufacturing and ₹62,500 crore for mobile phone manufacturing, signaling a push to deepen domestic electronics production.
India has approved a ₹1.9 lakh crore package aimed at expanding domestic semiconductor and mobile phone manufacturing. The plan sets aside ₹1,27,500 crore for semiconductor design and manufacturing and ₹62,500 crore for mobile phone manufacturing, underscoring a broader effort to strengthen the country’s electronics supply chain and production capacity.