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Assam Cabinet Extends Incentives To Tata Group For Semiconductor Industry

 

GUWAHATI: The Assam cabinet has approved the extension of all incentives applicable under the Assam Semiconductor Policy 2023 to Tata Semiconductor Assembly and Test (TSAT), a unit of the Tata Group.

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The decision comes following the approval of the semiconductor unit in Assam by the Ministry of Electronics & Information Technology, Government of India.

By extending incentives under the Assam Semiconductor Policy 2023 to TSAT, the government aims to promote semiconductor manufacturing in Assam.

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Additionally, the cabinet has authorised the Industries, Commerce, and Public Enterprises Department to oversee the disbursement of payments in accordance with the eligibility criteria outlined in the policy.

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