DLI 2.0: Govt plans sops, local sourcing mandates to push chip demand

India plans to revamp its Design-Led Incentive (DLI) scheme under the Semiconductor Mission 2.0 to boost domestic chip demand. The government is considering targeted financial incentives and stricter local sourcing mandates to ensure Indian-made semiconductors are used in TVs, ACs, and other appliances, strengthening local manufacturing and supporting the country’s growing chip ecosystem.
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