Karnataka government ready to support semiconductor manufacturing with 20% subsidy, says MB Patil

The Karnataka Large and Medium Industries Minister MB Patil, in a series of tweets, announced the state government’s deliberation to offer 20 percent subsidy support for semiconductor manufacturing companies.

On Wednesday, the Karnataka minister tweeted at the Union Minister for Steel and Heavy Industries, H.D. Kumaraswamy, indicating the government’s willingness to extend subsidy support to semiconductor manufacturers, citing the Gujarat government’s example. “I am happy that the union minister has responded positively to my request to extend similar subsidies to our state,” tweeted the minister.