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    Question

    With reference to semi-conductors in India, consider the

    following statements: 1.    The Design Linked Incentive (DLI) Scheme aims to offer financial incentives in designing and deployment of semiconductor designs. 2.    India is one of the top 5 countries producing semiconductors. Which of the statements given above is/are correct?
    A 1 only Correct Answer Incorrect Answer
    B 2 only Correct Answer Incorrect Answer
    C Both 1 and 2 Correct Answer Incorrect Answer
    D Neither 1 nor 2 Correct Answer Incorrect Answer

    Solution

    Presently, India lacks a significant presence on the global chip manufacturing map. While India has engineering talent, it lacks domestic chip manufacturing capabilities. At the moment, India accounts for only 1% of global semiconductor trade.

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