Tamil Nadu sanctions Semiconductor Design Promotion Scheme to offer incentives for fabless chip design firms

Tamil Nadu launches the Semiconductor Design Promotion Scheme under its ₹500-crore TNSM 2030, offering payroll subsidies, prototyping grants, and support for fabless chip design firms. Complemented by Centres of Excellence and workforce training, the initiative aims to foster homegrown semiconductor R&D, retain IP, attract investment, and build a skilled talent pipeline.
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