The Indian government announced the semiconductor manufacturing policy outline on the 14th, announcing a minimum investment of 550 million US dollars to build a processing plant and invest 220 million US dollars to produce microelectronics and nanotechnology products, and the technology-sufficient projects can enjoy certain government concessions, that is, investment heads. In 10 years, you can enjoy a 20% reduction in capital construction costs (the factory is located in the special economic zone) or 25% (the factory is located in a non-special economic zone). A special committee composed of the Ministry of Information Technology of India will determine whether eligible conditions are granted and investment incentives are granted. Companies such as Videocon have announced plans to invest in processing in India.
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