Government of India
Ministry of Communications & Information Technology Department of Information Technology
Seeking new investment proposals under Special Incentive Package Scheme (SIPS) announced by the Government of India ..
Department of Information Technology, Government of India, invites new investment proposals under the ‘Special Incentive Package Schemes’ (SIPS). A Special Incentive Package Scheme (SIPS) to encourage investment for setting up of semi-conductor fabrication and other micro and nano-technology manufacturing Industries in India was notified on 21 st March 2007 and can be viewed at link: http:/www.mit.gov.in/download/sipackage.pdf
Under the Scheme, the Government of India will provide a package of incentives for investment in the manufacture of all semi-conductor manufacturing (Fab units) products (threshold NPV of investment for availing incentives: Rs. 2500 crore and above) and ecosystem units, namely, displays including Liquid Crystal Displays (LCD), Organic Light Emitting Diodes (OLED), Plasma Display Panels (PDP), any other emerging displays; storage devices; solar cells; Photovoltaic; other advanced micro and nano technology products; assembly and test of all of the above products (threshold NPV of Investment for availing incentives: Rs. 1000 crore and above). Continue reading “Special Incentive Package Scheme”