Government of India is keen to incentivize and attract investment for setting up of Semiconductor FABs in India. Ministry of Electronics and Information Technology (MeitY) has issued Expression of Interest (EoI) dated 15.12.2020 for Setting up / Expansion of existing Semiconductor Wafer / Device Fabrication (FAB) facilities in India or acquisition of Semiconductor FABs outside India. Last date for submission of EoI proposal is 31.01.2021.
Eligibility criteria under Category C includes Indian Companies / Consortia interested in acquisition of Semiconductor FAB outside India.
Interested parties can submit Financial support desired from the Government of India, including Grant-in-Aid (GIA), Viability Gap Funding (VGF) in the form of Equity and / or Long-Term Interest Free Loan (LIFL), tax incentives, infrastructure support, etc.
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