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Cabinet approves semiconductor policy; land, financial incentives for new chip manufacturing units

The policy also includes provisions for providing financial incentives to industries and a subsidy of 75 percent on land up to 200 acres in the form of land subsidy, he added.

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Yogi Cabinet Approves 8 Important Proposals -

The Yogi cabinet, in a meeting held at Lok Bhavan under the chairmanship of Chief Minister Yogi Adityanath, gave its nod to 8 important proposals. This includes the much-awaited Semi Conductor Policy 2024, along with an increase in sugarcane prices, providing a significant benefit to sugarcane farmers. In addition, approval has been given for three…

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Prepare youth for semiconductor manufacturing industry: Yogi

Prepare youth for semiconductor manufacturing industry: Yogi
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Uttar Pradesh will be most favourable state for semiconductor manufacturing units: CM Yogi, ET Telecom

Emphasizing the need for a robust semiconductor manufacturing ecosystem in Uttar Pradesh, the Chief Minister said, "It would not only contribute to the state s economic growth and innovation but also create substantial employment opportunities, enhancing self-reliance in strategically important areas."

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India News | Uttar Pradesh Cabinet Approves State s Semiconductor Policy

Get latest articles and stories on India at LatestLY. The Uttar Pradesh Cabinet on Thursday gave its approval to the state's own semiconductor policy which aims to attract investments in the sector and aid the country's push towards chip manufacturing. India News | Uttar Pradesh Cabinet Approves State's Semiconductor Policy.

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