Global Trade Alert
Global Trade Alert

India: Semiconductor unit in Gujarat approved under the India Semiconductor Mission

Announcement

02 Sep 2024

On 2 September 2024, the Indian government approved incentives for a semiconductor chip manufacturing unit.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

02 Sep 2024

Revocation date:

No revocation date

Updated: 02 Sep 2024
Capital injection and equity stakes (including bailouts) In force

On 2 September 2024, the Indian Union Cabinet approved a semiconductor unit by Kaynes Semicon Pvt Ltd. The facility has been approved under the "Development of Semiconductors and Display Manufactur...

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Updated: 02 Sep 2024
State aid, unspecified In force

On 2 September 2024, the Indian Union Cabinet approved a semiconductor unit by Kaynes Semicon Pvt Ltd. The facility has been approved under the "Development of Semiconductors and Display Manufactur...

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