Scheme for setting up of Semiconductor Fabs in India notified

The Government has notified the semiconductor policy which was cleared by the Cabinet final week.

According to the gazette notification, the federal government will present as much as 50% of Project price for 2 semiconductor and two show fabs within the nation. The Application window begins January 1 and might be open for 45 days. Support below the scheme shall be offered on pari-passu foundation for a interval of six years.

For details, visit Scheme for setting up of Semiconductor Fabs in India, MeitY (see pg 6 onwards).
TVJ Bureau