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India


Cabinet approves 50pc incentives for semiconductor manufacturing

Cabinet approves 50pc incentives for semiconductor manufacturing

New Delhi, Sep 21 (UNI) The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved 50 per cent financial incentives for manufacturing of semiconductor fabs across technology nodes as well as for compound semiconductors, packaging, and other chip facilities.
The government had earlier announced 30-50 per cent incentives for different categories. Now the incentive has now been kept flat at 50 per cent for all categories.
Besides, the he incentive so far was for 65 nm size, but now this restriction has been removed and all sizes will be covered.

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EAM Jaishankar & his Ukrainian counterpart Dmytro discusses Russia-Ukraine conflict

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Hope everyone's rights are protected in India: UN on Kejriwal’s arrest

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Congress party slapped with Rs 1,823 cr tax notice ahead of Lok Sabha polls

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