Tamil Nadu to come up with semiconductor policy during investors meet

To enhance its reputation as the electronics export hub of India, the government of Tamil Nadu is set to unveil the Tamil Nadu Semiconductor and Advanced Electronics Policy at the upcoming Global Investors’ Meet, to be held here on January 7 and 8. The policy may concentrate more on the design aspects of semiconductors, which are of high value.

The government is expecting a record investment during the investors’ meeting. According to sources, this is likely to bolster the state’s status as India’s export hub. After nearly tripling its electronics exports in the financial year 2022-23, Tamil Nadu is poised to reinforce its presence as an electronics exporter in FY24 by surpassing the $8 billion mark,