MeitY plans trade code revamp for semiconductor

The Ministry of Electronics and IT (MeitY) plans to revamp trade and HSN codes for the semiconductor sector, citing outdated classifications for input goods across the value chain. The move aims to align trade codes with evolving technologies, improve clarity in imports and exports, and better support India’s growing semiconductor manufacturing and supply ecosystem.
Evaluating a similar location, plant, or policy window?
Bucephalus advises on greenfield industrial projects in South India.
Talk to Bucephalus