Govt Introduces SEZ Reforms for Semiconductor Manufacturing
The Indian government has implemented significant reforms in Special Economic Zones (SEZ) to enhance semiconductor and electronics component manufacturing. The minimum land requirement for SEZs has been reduced from 50 hectares to 10 hectares, and encumbrance norms have been eased. These changes aim to attract investments and boost high-tech manufacturing, with approvals granted for new SEZs by Micron and Aequs Group, promising substantial investments and job creation.
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