$1 bn incentive per company may attract 2-3 chip majors with Rs 70,000-Rs 80,000 crore investment: IESA

$1 bn incentive per company may attract 2-3 chip majors with Rs 70,000-Rs 80,000 crore investment: IESA

Incentive support to the tune of $1 billion per company for semiconductor manufacturing companies can give India a competitive standing against other countries and easily attract 2-3 large investments worth a cumulative Rs 70,000 to 80,000 crore, for setting up specialty fab units in India, a senior executive at US chip designer and maker Texas Instruments said. “Today most large markets are bullish on developing a semiconductor manufacturing

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(END) Read more »

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