Archive · 24 Jul 2025
India Approves Chip Projects; Expected to Generate 27,000 Jobs
The government has approved six projects to make semiconductors, which are tiny computer chips.
These projects will cost a lot of money, about 1.55 lakh crore rupees, and are expected to create more than 27,000 jobs.
The government has a plan called 'Semicon India Programme' with 76,000 crore rupees to help build these chip factories.
The government is also supporting small businesses and startups that design chips, especially in places like Telangana and Tamil Nadu, by giving them money and tools.
Government approves six semiconductor projects.
Total investment amounts to approximately Rs 1,55,000 crore.
These projects are expected to create over 27,000 direct jobs.
The 'Semicon India Programme' has an outlay of Rs 76,000 crore.
Support is provided to startups and MSMEs via the Design Linked Incentive (DLI) scheme.
- Who
- The government, including Minister of State for Commerce and Industry Jitin Prasada.
- What
- The government approved six semiconductor manufacturing projects.
- When
- The information was shared on Wednesday.
- Where
- India.
- Why
- To develop the semiconductor and display manufacturing ecosystem and boost job creation.
- Total Investment
- Rs 1,55,000 crore
- Expected Job Creation
- Over 27,000
- Semicon India Programme Outlay
- Rs 76,000 crore
- DLI Scheme Focus
- Startups and MSMEs
- Telangana Companies Approved (DLI)
- 3
- Tamil Nadu Companies Approved (DLI)
- 3