THE INDIAN ELECTRONICS and Semiconductor Association (IESA), which represents companies like Micron, Applied Materials, Intel, Western Digital, etc, is likely to approach the government urging to bring the ancillary semiconductor industry also under the incentive scheme.
Sanjay Gupta, chairperson (IESA) told FE that incentives for ancillary industry comprising semiconductor assembly and manufacturing players are crucial to encourage the supply chain partners to establish their co-location facilities in the country.
The association represents 250 global companies across fabrication, assembly, packaging, semiconductor equipment and materials.
"Anything that is part of the semiconductor ecosystem, even if it is seeking incentives for ancillary industries, we would pitch it to the government, based on our discussions with our partner companies," Gupta said, adding that the job of IESA is to enable and it works with both the central and state governments on policy formation.
This story is from the August 19, 2023 edition of Financial Express Mumbai.
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This story is from the August 19, 2023 edition of Financial Express Mumbai.
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