Semiconductor manufacturing to be an important attraction of GIS: MP CM

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Additionally, these industries will be provided subsidised electricity at the rate of Rs 2 per unit for 10 years from the date of establishment.

Private projects will be provided capital grants of 40 per cent or a maximum of Rs 150 crore.

The government has set a budget of Rs 1,000 crore for this over the next five years.

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Category: BusinessFinance

Markets: India

Topics: Semiconductor Mohan Yadav Global Investors Summit

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-07 @ 19:24:33 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 322 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25961750

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Official Website: business-standard.com

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