Centre eases SEZ rules to boost semiconductor, electronics component manufacturing

New Delhi [India], June 9 (ANI): The central government has introduced pioneering reforms in the Special Economic Zones (SEZ) rules to address the specialised needs of semiconductor and electronics component manufacturing sectors.

Since manufacturing in these sectors is highly capital-intensive, import-dependent and involves longer gestation periods before turning profitable, rule amendments have been carried out to promote pioneering investments and boost manufacturing in these high-technology sectors.