New Delhi, April 29 -- The Indian government is working on rolling out a fresh multi-billion-dollar incentive package for semiconductor companies, sources reveal.
This move comes after nearly exhausting the USD 9.3 billion production-linked incentive scheme launched in December 2021 to attract investments in the sector, reported TOI.
According to top sources familiar with the development, preliminary work on the new package, which is likely to be much bigger than the previous one, has already begun.
However, an official announcement will be made only after the new government takes charge following the national elections.
The new package would be one of the key agendas for the new government and will be taken up on a priority basis,...