Assam unveils Rs 25,000 crore plan to push electronics manufacturing

Share via:


The Assam government Monday unveiled a Rs 25,000-crore scheme to boost electronics manufacturing in the state with a major share earmarked for incentivising component makers, chief minister Himanta Biswa Sarma said.

Speaking to ET, Sarma also said Assam—picked by Tata Electronics for setting up a Rs 27,000 crore chip assembly and test plant—will give 60% incentive to component makers beyond the Union government grant. Incentive will be enhanced depending on the investment case.

The Tata facility in Jagiroad, Assam, is expected to start operations…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Assam unveils Rs 25,000 crore plan to push electronics manufacturing


The Assam government Monday unveiled a Rs 25,000-crore scheme to boost electronics manufacturing in the state with a major share earmarked for incentivising component makers, chief minister Himanta Biswa Sarma said.

Speaking to ET, Sarma also said Assam—picked by Tata Electronics for setting up a Rs 27,000 crore chip assembly and test plant—will give 60% incentive to component makers beyond the Union government grant. Incentive will be enhanced depending on the investment case.

The Tata facility in Jagiroad, Assam, is expected to start operations…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Legal battle with X: Centre shows fake ‘Supreme Court...

Solicitor General (SG) Tushar Mehta on Friday highlighted...

OPPO extends Hasselblad partnership, focus on next-gen mobile imaging

OPPO has announced that it is extending its...

I love anti-reflective displays, but an iPhone one is...

A report yesterday suggested that the two iPhone...

Popular

Upcoming Events

IPTV Portugal iptvdfgdfs iptvdfgdfs iptvdfgdfs iptvdfgdfs dfsgs dfsgs iptv service iptv service
IPTV IPTV IPTV IPTV IPTV IPTV IPTV IPTV