A fiscal incentive of 50% of the project cost is available to applicants for setting up of Semiconductor Fabs and Display Fabs units of any node (including mature nodes). Companies can apply for the scheme till December 2024. The application will be received by India Semiconductor Mission (ISM).
"Semiconductor Mission is announcing that it will start accepting and considering new applications for fabs from new and existing applicants," tweeted Rajeev Chandrasekhar, Minister of State, Ministry of Electronics and IT.
This story is from the June 01, 2023 edition of The New Indian Express.
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This story is from the June 01, 2023 edition of The New Indian Express.
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