India has approved a $10 billion incentive plan to attract semiconductor and display manufacturers, its technology minister said on Wednesday, as part of a deepening push to establish the country as a global electronics production hub.
Under the plan, India’s government will extend fiscal support of up to 50% of a project’s cost to eligible display and semiconductor fabricators, the government said in a statement…
To read more: https://www.reuters.com/world/china/india-unveils-10-bln-plan-woo-semiconductor-display-makers-2021-12-15/
SOURCE: REUTERS
