India, March 5 -- The Government of India issued the following news release:

In a significant milestone for India's semiconductor industry, India Semiconductor Mission (ISM), Tata Electronics Private Limited (TEPL), and Tata Semiconductor Manufacturing Private Limited (TSMPL) have signed a Fiscal Support Agreement (FSA) in the presence of Chief Minister of Gujarat Shri 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 programme for semiconductor & display manufacturing ecosystem in India.

50% Fiscal support for eligible project

Tata Electronics' semiconductor fab in the D...