Global Trade Alert
Global Trade Alert

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India: Scheme to incentivise production of electric components and semiconductors approved

Description

On 21 March 2020, the Indian Union Cabinet of Minister approved the Scheme for Promotion of the manufacturing of Electronic Components and Semiconductors (SPECS). The scheme was notified via a Gazette...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Apr 2020

Revocation date

31 Mar 2023

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

sector-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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