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After G20 Summit, Assam Unleashes New Semiconductor Policy, Netherlands Assures To Increase Presence of Dutch Chip Firms in India

The Assam government has also announced a policy, which will be backed by a capital investment subsidy The government of Assam has finally told the media that the state is very optimistic to have an investment of Rs 40,000 Crore to boost the semiconductor manufacturing ecosystem. In order to meet the same, the state has also formed a new semiconductor policy. ....

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semiconductor: Assam eyeing Rs 40,000 crore investment in semiconductor industry: Assam CM Himanta Biswa Sarma

The Assam cabinet has approved productivity linked incentives for the industry. Sarma recently said, “ Advance states like Uttar Pradesh, Gujarat and Orissa have announced a policy for semiconductors. We have announced a policy where there will be a capital investment subsidy. With our new production linked incentive policy, Assam will soon attract investments to manufacture semiconductors in the State.” ....

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