TNPSC Thervupettagam

Electronics and Hardware Manufacturing Policy

September 13 , 2020 1535 days 1395 0
  • The Tamil Nadu Government released Electronics and Hardware Manufacturing Policy.
  • The main aim of the policy is to increase the electronics industry output to 100 billion USD by 2025.
  • The State will contribute 25% of India’s total electronic exports of the country after implementation of the policy.
  • The policy is aligned with the National Electronics Policy of 2019.
  • The policy has identified districts under three categories.
  • They are as follows

Category

Capital

Subsidy

A

Rs 200 crores - Rs 500 crores

15%

Above Rs 500 crores

18%

B

Rs 200 crores - Rs 500 crores

20%

Above Rs 500 crores

24%

C

Rs 200 crores - Rs 500 crores

25%

Above Rs 500 crores

30%

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