Chips & China-plus-one give small businesses a chance to be part of a Rs 76,000-crore dream

Microchips have made MSMEs smack their lips. Though the government launched a production-linked incentive (PLI) scheme to encourage big companies to make semiconductors, small manufacturers are betting that it would also give them a much-needed stimulus. They can’t wait to get a bite of the Rs 76,000-crore scheme. Their optimism grew after the Cabinet in December cleared the PLI scheme for production of semiconductors and displays. The