New Delhi, June 9 -- The central government has announced a series of policy relaxations for special economic zones (SEZs) aimed at boosting high-tech manufacturing, particularly in semiconductors and electronic components, within these zones, the Ministry of Commerce & Industry said in a statement on Monday.
These changes are designed to attract pioneering investments, ease regulatory hurdles, and strengthen India's position in the global semiconductor value chain, the ministry said.
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A key reform involves amending Rule 5 of the SEZ Rules, 2006, which reduces the minimum contiguous land requirement for SEZs dedicated to semiconductor or electronics component manufacturing f...
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