India bars Semicon 2.0 chip plants from selling or mortgaging assets before full production
DIGITIMESen

India has barred semiconductor projects approved under its Semicon 2.0 program from selling, disposing of, or mortgaging project assets until commercial production of the entire project is declared, according to guidelines issued on September 17, 2026. The rules attach lock-in conditions on assets, operations, and ownership to the INR1.27 trillion (US$13.22 billion) incentive scheme.
This is a short summary published by AI Global Wire. The full article is owned and hosted by DIGITIMES — open it there to read it in full.
Read the full story at DIGITIMES- Verktyg
Related AI news
- DeepSeek partners with Huawei to develop chip programming tools, reducing reliance on NvidiaEconomic Times Tech · September 30, 2026
- ChatGPT maker wants to be the App Store for AI as safety concerns growEconomic Times Tech · September 30, 2026
- Ecommerce's festive push; Vertex's AI betsEconomic Times Tech · September 30, 2026
- Florida seeks order to block OpenAI AI model launchesDIGITIMES · September 30, 2026
- Low-energy chip startup Efficient Computer closes on $97M in fundingSiliconANGLE · September 30, 2026
- Okta moves inline to police what AI agents actually doSiliconANGLE · September 30, 2026