Business Standard

Betting big: Global subsidy race puts a spanner in India semicon works

But other countries are also ramping up their chip manufacturing plans


Surajeet Das Gupta New Delhi

Listen to This Article

The Indian government is keen to woo major semiconductor players, but a global race to attract them to countries where there is already an ecosystem is making it difficult for India to attract the biggies in the business.

On Wednesday the government decided to throw open the doors to more players to participate in its semiconductor scheme. It is now looking at not only 28 nanometre (nm) chips and below, but higher nodes like 40 nm. It is also open to existing participants in the scheme applying again.  

Meanwhile, the US, the EU, South Korea, Japan, among others, are spending 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 31 2023 | 11:16 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to