The Government of India has invited new applications for setting up of Semiconductor Fabs and Display Fabs in India under the Modified Semicon India Program.
Under the modified program, a fiscal incentive of 50% of the project cost is available to companies/consortia/joint ventures for setting up of Semiconductor Fabs in India.
Similarly, a fiscal incentive of 50% of the project cost is available for setting up of Display Fabs of specified technologies in India.
India Semiconductor Mission is the designated nodal agency for the program.