New Delhi, July 31 -- The government has sanctioned the 'Semicon India Programme' with a total outlay of Rs 76,000 crore, aiming to establish a robust semiconductor and display manufacturing ecosystem in the country.

The information was shared by Union Minister of Electronics and Information Technology, Jitin Prasada, during a session of the Lok Sabha on Wednesday.

As a strategic component of the programme, the Design Linked Incentive (DLI) Scheme has been allocated Rs 1,000 crore to bolster domestic capabilities in semiconductor design.

The scheme specifically targets startups, Micro, Small and Medium Enterprises (MSMEs), and other domestic firms, with the objective of reducing high entry barriers and promoting the commercialisation o...