Within days of announcing a Rs 76,000-crore policy push for semiconductor and display manufacturing, the government on Thursday said it will start receiving applications from companies keen on setting up semiconductor fabs, display units and for other related schemes from January 1, 2022.

Releasing the guidelines for mega scheme designed to woo large semiconductor players, IT Minister Ashwini Vaishnaw on Thursday exhorted companies to leverage this ''good opportunity'' and ''right time'' to set up their manufacturing operations in the country.

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