Mumbai-headquartered Tata Projects was awarded the contract to build Boise Idaho-based Micron Technology's $2.75 billion semiconductor plant in India's western state of Gujarat. An initial investment of $875 million will go into the establishment of the plant in two phases. The remaining investment will be supported by both the state...
Gujarat, India Offers Incentives for Defense Equipment Manufacture
The western state of Gujarat in India, has released an investor-friendly Aerospace and Defense Policy 2016 that offers 10-year incentives in relation to land allotment, stamp duty, registration charges and electricity duty, to attract defense and aerospace manufacturers reports Defense World. Terms of this policy are: The state will now...