Under the Modified Semicon India Programme, the government has increased the financial incentive of 50 percent of the project cost for companies, consortia, joint ventures for setting up semiconductor fabs in India of any node (wafer size).
New Delhi: The Union government on Wednesday declared its plan to invite applications for the implementation of semiconductor and display fabrication units in India starting tomorrow.
Get latest articles and stories on Latest News at LatestLY. Some applicants including Vedanta Foxconn JV are expected to re-apply for government incentives under the modified semiconductor scheme opening from June 1, according to sources. Latest News | Some E-chip Firms Including Vedanta to Re-apply Under Revised Scheme Opening on Jun 1.