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Monday, November 08, 2010

Incentives to set up Micro and Nano technology manufacturing units

There was expectation that Special Incentive package of DIT, (announced in 2007 after long discussions with industry) would give birth to hardware industry, but it appears there are no takers for the fund. The analysts blame global recession/ bad timing/ under investment etc. 

Is condition of equity allotment to government/ nominated agency a deterrent for global firms?  
Is preference for mature technology ( solar PV assembly) a result of empty pipeline ( in India) of start-ups ?

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