Centre Eases SEZ Norms To Boost Chips, Electronics Production

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SUMMARY

Manufacturers of semiconductors and electronics components can set up operating units on an area of 10 hectares or more, reduced from 50 hectares earlier

In multi-product SEZs, the minimum land requirement has been lowered to four hectares from 20 hectares

It was reported earlier this year that the Centre is also planning to roll out a new design-linked incentive scheme worth up to $4 Bn to bolster India’s electronics design ecosystem

In a renewed push to…



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Centre Eases SEZ Norms To Boost Chips, Electronics Production


SUMMARY

Manufacturers of semiconductors and electronics components can set up operating units on an area of 10 hectares or more, reduced from 50 hectares earlier

In multi-product SEZs, the minimum land requirement has been lowered to four hectares from 20 hectares

It was reported earlier this year that the Centre is also planning to roll out a new design-linked incentive scheme worth up to $4 Bn to bolster India’s electronics design ecosystem

In a renewed push to…



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.

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