India’s semiconductor industry has been a key player in the country’s growing technology sector. With the government providing various incentives to promote the industry’s growth, many companies have emerged as major players in this field.
One of the key incentives offered by the Indian government is the Electronics Manufacturing Cluster (EMC) scheme, which aims to create a conducive environment for semiconductor manufacturing. Under this scheme, companies are provided with financial assistance for setting up manufacturing units and infrastructure development.
Another important incentive is the Modified Special Incentive Package Scheme (M-SIPS), which provides financial incentives to promote the manufacturing of electronic components, including semiconductors. This scheme has attracted many companies to invest in the semiconductor industry in India.
Some of the key players in the Indian semiconductor industry include Intel, Qualcomm, and Texas Instruments. These companies have established a strong presence in India and have contributed significantly to the growth of the industry. Other players such as Samsung, AMD, and Micron Technology are also actively involved in the semiconductor market in India.
Overall, with the government’s support and the presence of major players, the semiconductor industry in India is poised for further growth and development in the coming years.