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In US, FM sells semiconductor gamers on `76K-cr PLI scheme

Finance Minister Nirmala Sitharaman has referred to as on American semiconductor companies AMD, Western Digital and Micron Tech to spice up investments in India, making the most of a Rs 76,000-crore production-linked incentive (PLI) scheme that was introduced lately to woo massive chip makers.

In a gathering in San Francisco with high executives of semiconductor companies, she highlighted alternatives for US firms in India. The FM additionally held a sequence of conferences with different buyers and exhorted them to be part of the India story.

Meanwhile, as per a PTI report, Indian Diaspora physique Foundation for India and Indian Diaspora Studies (FIIDS) USA urged Sitharaman to permit non-resident Indians and abroad residents of India card holders to spend money on the Indian inventory market.

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