Odisha offers 25% capex support for semiconductor projects
after close1 source ↓written by the desknot a recommendation
- for semiconductor projects
- 25% capital expenditure support
Odisha's government announced 25% capital expenditure support for semiconductor projects approved by the India Semiconductor Mission (ISM). This expansion includes investments in semiconductor equipment, chemicals, and advanced materials, enhancing the state's semiconductor manufacturing capabilities.
The revised policy aims to attract more investments, potentially boosting local production and supply chains, which may positively impact market sentiment in the semiconductor sector.
Not investment advice. For informational purposes only.