(HT)
Chief minister Yogi Adityanath on Wednesday said that manufacturing units of Uttar Pradesh were now producing over 55% of cell phones and over 50% of mobile components made in India while emphasising that Semicon India-2024 would position India as a global leader in semiconductors, in line with Prime Minister Narendra Modi’s vision.
The CM said while Samsung India came up with its display unit plant in Uttar Pradesh, the state was also becoming a major hub for data centres. “The UP Semiconductor Policy-2024 has been implemented to create a favourable environment for the semiconductor industry in the state. It includes attractive provisions for capital assistance, interest subsidies, land value, stamp and electricity duty exemptions,” he said.
