About the Policy:
Tamil Nadu CM Edappadi Palaniswamy start’s the Electronic Hardware Manufacturing Policy-2020 of Tamil Nadu. On the date of 7th September 2020. This manufacturing policy total electronic goods worth 100-billion US Dollars by the year 2025. Tamilnadu contributes 25 percent of India’s electronic hardware export.
What is the aim of this policy;
1. Mainly attracting semiconductor fabrication units to the state.
2. Providing a 30-percent capital subsidy, 50 percent grant for taking land on lease, 5-percent interest grant for term loans.
3.Six months at the rate of Rs. 4,000 for men and Rs. 6,000 for women.
Mobile phones, LED’s, fabless chips, printed circuit boards, solar photovoltaic cells, and medical and automobile electronics.