Tamil Nadu to tap into semiconductor, electronics sectors; rolls out policy to attract investors
The HinduTo account for 40% of India’s electronics exports, the Tamil Nadu government on Sunday rolled out its ‘Semiconductor and Advanced Electronics Policy 2024’ at the Global Investors Meet. The policy seeks to attract anchor investments in semiconductor and advanced electronics manufacturing and create a skilled talent pool of over two lakh persons by 2030. Global marquee research and design entities undertaking semiconductor design for integrated circuits, chipsets, system on chips, systems & IP cores and semiconductor-linked design; semiconductor equipment design; high-end electronic product design and development; and high-end electronics system design and manufacturing software shall be eligible for the incentives. The State has over 100 academic institutions offering courses in very large-scale integration, electronics design, nanotechnology, etc., which support the talent pool needed for the semiconductor industry.