India, March 6 -- In a significant milestone for India's semiconductor industry, India Semiconductor Mission (ISM), Tata Electronics Pvt Ltd (TEPL), and Tata Semiconductor Manufacturing Pvt Ltd (TSMPL) have signed a Fiscal Support Agreement (FSA) in the presence of Chief Minister of Gujarat, Bhupendra Patel, for India's first commercial semiconductor fab in Dholera, Gujarat.

This breakthrough agreement represents a decisive step forward in strengthening India's technological self-reliance under the modified program for semiconductor and display manufacturing ecosystem in India.

50% fiscal support for eligible project

Tata Electronics' semiconductor fab in the Dholera (SIR) commands a total investment of over Rs.91,000 crore with a capa...