This episode is on how Product Design Linked Incentive (PLI) and Design Linked Incentive (DLI) schemes will help India become a manufacturing hub.

The Union Cabinet approved a Rs 76,000-crore program for development of sustainable semiconductor and display manufacturing ecosystem in the country. This amount will be spent on these projects in 6 years.

Product Design Linked Incentive – under this scheme, reimbursement of up to 50% of the eligible expenditure subject to a ceiling of ₹15 Crore per application will be provided as fiscal support to the approved applicants who are engaged in semiconductor design for Integrated Circuits (ICs), Chipsets, System on Chips (SoCs), Systems & IP Cores and semiconductor linked design.

Design Linked Incentive- This scheme will also offer financial incentives as well as design infrastructure support across various stages of development and deployment of semiconductor design for Integrated Circuits (ICs), Chipsets, System on Chips (SoCs), Systems & IP Cores and semiconductor linked design over a period of 5 years.

Tune into this podcast to listen to Sanjay Gupta, Vice President and India Managing Director, from NXP India talk about the advantages of these schemes.

#TechGig​ #Semiconductor #Chips #Technology #TechCommunity

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