Tamil Nadu
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Opportunity India Desk Jan 08 2024 - 2 min readUnder its newly launched Semiconductor and Advanced Electronics Policy 2024, the Tamil Nadu government will offer up to 50 per cent of additional financial incentives to semiconductor projects selected under the Centre's USD 10 billion chip subsidy plan. If a semiconductor project selected by the Centre sets up its manufacturing in ...
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Opportunity India Desk Jan 08 2024 - 3 min readTamil Nadu has unveiled investment agreements totaling over USD 4.39 billion with companies, including Tata Electronics, Pegatron, and Hyundai Motors. These companies, crucial suppliers to tech giant Apple, are part of the broader strategy to shift some of Apple's production from China to India, aligning with Apple's focus on India as a key ...
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Opportunity India Desk Jan 05 2024 - 2 min readIn a bid to solidify its position as the electronics export hub in India, the Tamil Nadu Government is set to introduce the State Semiconductor and Advanced Electronics Policy at its Global Investors' Meet scheduled for January 7 and 8. The policy is anticipated to place a heightened emphasis on semiconductor design, a ...
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Opportunity India Desk Sep 27 2023 - 3 min readRaptee—a Chennai-based electric vehicle start-up has raised USD 3 million (Rs 25 crore) in Pre-Series A round led by deep-tech VC fund Bluehill Capital to increase the manufacturing facility, acquiring machinery, tooling for the soon-to-be-launched motorcycle, and scaling up the team. The start-up is planning to expand its team to 150 ...
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Opportunity India Desk Sep 26 2023 - 2 min readA total of 40 per of electric vehicles sold in India between January and September were manufactured in Tamil Nadu, Ministry of Road Transport and Highways’s Vahan Dashboard data said. According to the data, a total of 10.44 lakh electric vehicles were registered with Road Transport Offices (RTOs) till September 20, of these, ...