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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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