Andhra Pradesh Semiconductor and Display Fab Policy (4.0) 2024-29
The Andhra Pradesh Semiconductor and Display Fab Policy (4.0) 2024-29 targets semiconductor and display fabrication, OSAT, and ATMP units. It offers a state capital subsidy of 60% of the GoI-approved ISM incentive (capped at 30% of total project cost) on a pari-passu basis, training subsidies of ₹10,000/month, and a ₹3/unit power subsidy for non-ISM projects.
Key Summary
- Ministry / Authority
- Information Technology, Electronics & Communications [ITE&C] (Promotion Wing) Department, Government of Andhra Pradesh
- Incentive Type
- Composite state package (capital subsidy + training subsidy + power subsidy + customized mega packages)
- Incentive Rate
- Capital subsidy 60% of GoI-approved ISM incentive (max 30% of project cost); Training subsidy ₹10,000/month/person (6 months); Power subsidy ₹3/unit (5 years for non-ISM projects); Tailor-made packages for Mega/Ultra-Mega projects
- Min. Investment
- —
- Application Deadline
- Open
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