India’s display fab subsidy: A potential game changer for the Indian economy

In recent years, India has been making significant strides in its electronics and manufacturing industry. The nation’s ambition to establish itself as a global electronics manufacturing hub is underpinned by the Electronics System Design and Manufacturing (ESDM) policy, which has an outlay of Rs 76,000 crore ($10 billion). While there has been a lot of chatter around the semiconductor fab scheme, the display fab scheme, which has the same incentives, i.e., a 50% pari-passu subsidy, has not been talked about enough.