India expects at least $25 bln investment under semiconductor incentive scheme

  • 📰 Reuters
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

México Noticias Noticias

México Últimas Noticias,México Titulares

India is expecting to court a total investment of at least $25 billion as a result of its incentive scheme meant to boost local manufacturing of chip and display panels, junior IT minister Rajeev Chandrasekhar told reporters on Wednesday.

His comments came hours after the Indian government raised fiscal support for new semiconductor facilities to cover 50% of project costs, and said it will remove a ceiling for maximum permitted investment to enable incentives for display manufacturing.

Chandrasekhar said the government is in conversations with many of the global players to invest in India's chip sector, without naming any.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 2. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

City Council Finance Committee signs off on nearly $25 million in settlements in police misconduct lawsuitsThe settlements include a $15 million payment to the family of an innocent woman killed in a high-speed police chase of another vehicle in June 2020, after supervisors had ordered police to halt the chase.
Fuente: cbschicago - 🏆 546. / 51 Leer más »

Indonesia trimming palm oil stocks with discounts, India salesIndonesian palm oil producers are whittling down their hefty inventory overhang with discounts versus rivals and aggressive sales to India, where demand is picking up for next month's Diwali festival, industry officials said. So why ban the export BoycottPalmOil
Fuente: Reuters - 🏆 2. / 97 Leer más »