Karnataka Pushes for Equal Semiconductor Support

Karnataka's Large and Medium Industries Minister M B Patil emphasized the state's dedication to semiconductor industry growth. He plans to meet Union Minister H D Kumaraswamy to discuss equitable support, pointing out the need for similar incentives as those given to Micron Technology in Gujarat.


PTI | Bengaluru | Updated: 18-06-2024 19:17 IST | Created: 18-06-2024 19:17 IST
Karnataka Pushes for Equal Semiconductor Support
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Karnataka Large and Medium Industries Minister M B Patil, underscoring the state government's commitment to enhancing the semiconductor industry, announced plans to confer with Union Heavy Industries Minister H D Kumaraswamy regarding the matter.

M B Patil highlighted that US-based Micron Technology enjoyed a substantial 70 percent incentive for their project in Gujarat, of which 50 percent was provided by the central government and 20 percent by the state government. He stressed the necessity for Karnataka to receive comparable support to cultivate its semiconductor sector.

''It is crucial for the central government to provide equal opportunities and support for all states,'' Patil said.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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