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flag India eases SEZ rules to boost semiconductor manufacturing, attracting major investments.

flag The Indian government has eased Special Economic Zone (SEZ) rules to boost semiconductor and electronics manufacturing, reducing the minimum land requirement from 50 to 10 hectares and allowing SEZ units to sell goods domestically after paying duties. flag This move aims to attract high-tech investments, create skilled jobs, and enhance India's semiconductor ecosystem. flag Micron Semiconductor and Hubballi Durable Goods Cluster have received approvals to set up SEZs in Gujarat and Karnataka, respectively, with investments totaling ₹13,100 crore.

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