Display Fabs
The Scheme for setting up of Display Fabs in India shall extend fiscal support of up to 50% of project cost on pari-passu basis to the approved applicants. The scheme shall be appraised by the Expenditure Finance Committee chaired by Secretary, Department of Expenditure. The Expenditure Finance Committee shall determine the structure and quantum of fiscal support under the scheme for establishing the display fabs.
Display Fabs
- ‘Scheme for setting up of Display Fabs in India’ has been notified on 21.12.2021, The scheme is aimed at attracting large investments for manufacturing tft, lcd or AMOLED based display panels.
- The Scheme extends fiscal support of up to 50% of Project Cost (subject to a ceiling of Rs. 12,000 crore per Fab)
- The structure and quantum of the fiscal support will be negotiated by the India Semiconductor Mission with the applicants who are selected on the basis of technological and financial evaluation of their proposals.
- The fiscal support under the scheme shall be provided on pari-passu basis for a period of six years from the date of approval.
- Apart from such fiscal support, Display Fabs set up in India will be supported through purchase preference in procurement of electronic products by the Government under the Public Procurement (Preference to Make in India) Order.
- Companies / Consortia / Joint Ventures proposing to set up display fabs can apply under the scheme starting from 01.01.2022, The application period will be for a period of forty-five days which is extendable.
Scheme Details
Objective
To attract large investments for setting up display fabrication facilities in the country to strengthen the electronics manufacturing ecosystem..
Eligibility
Companies / Consortia / Joint Ventures proposing to set up a Display Fabrication Unit (Fab) in India for manufacturing TFT LCD or AMOLED based display panels
Tenure
Support under the scheme shall be provided for a period of six years. The tenure of the actual fiscal support outflow may be extended based on the approval of the Minister of Electronics and Information Technology.
Procedure to Apply
Approval
Support under the scheme shall be provided for a period of six years. The tenure of the actual fiscal support outflow may be extended based on the approval of the Minister of Electronics and Information Technology.
