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India considers over $1 billion in cash incentives for every chip maker setting up in country – media

March 31st, 2021
Categories: News

Link: https://www.rt.com/business/519697-india-cash-incentives-chip-makers/

World’s second-biggest cellphone manufacturer, India, wants to lure semiconductor companies to the country to boost its smartphone industry, strengthen its electronics supply chain, The government will give cash incentives of $1 billion to each company which will set up chip fabrication units; assuring them the government will be a buyer and mandates in the private market for companies to buy locally made chips],”

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