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?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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