India plans to launch a larger multi-billion-dollar incentive package for semiconductor companies, following the near exhaustion of the previous plan.
India is gearing up to launch a substantial multi-billion-dollar incentive package for semiconductor companies, following the near exhaustion of the Rs 76,000-crore plan introduced in December 2021. The new package is expected to be much bigger than the previous one and is set to be one of the key agendas for the new government, which will be prioritised. As multiple new proposals have come in for semiconductors, the government aims to provide immediate state assurances in terms of incentives for these proposals.
April 28, 2024
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