Tamil Nadu Unveils Ambitious Policy to Boost Semiconductor and Electronics Sectors

Tamil Nadu introduces the 'Semiconductor and Advanced Electronics Policy 2024' at the Global Investors Meet, aiming to secure 40% of India's electronics exports. The policy focuses on creating a semiconductor design ecosystem with incentives for global research entities. Eligible companies stand to gain capital subsidy, training incentives, and more. With a minimum investment threshold of ₹200 crore, the policy encourages new and expansion projects,