A new semiconductor package is expected. What is the likely outlay? The Ministry of Electronics should be able to get sanction on Phase II in the next few months. All the parties are ready.
Maharashtra will have one silicon fab, Uttar Pradesh will have two, and there will be one small fab in Karnataka and one in Odisha. All these proposals are on the table. The good news is, there is a lot of interest. The first phase was $10 billion, and the second will be nearly the same.
In addition to the huge amount of money taxpayers are paying for setting up these plants, state governments are also participating. Many state governments have come up with semiconductor policies. In a manner, close to 70 per cent of the capex will be paid by taxpayers. So we are well on our way to creating a semiconductor programme.
The missing piece is the front-end. You will have a lot of these plants coming up in the next four years. But who will be the customer? Exports are not easy because every country is putting up fabs.
Denne historien er fra November 15, 2024-utgaven av Business Standard.
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Denne historien er fra November 15, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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