Tamil Nadu opens state-only chip subsidy route outside Semicon 2.0

India's Tamil Nadu launched a Semiconductor Ecosystem Scheme letting eligible chip projects receive state incentives even without central Semicon 2.0 funding. Support includes capital subsidies of 15–25% of eligible fixed assets plus turnover-linked subsidies of up to 2% annually for five years.

• Capital subsidies range from 15% to 25% of eligible fixed assets
• Turnover-linked support reaches 2% annually for five years
• Semicon 2.0, approved in July, has an outlay of about $14 billion
• Scheme covers materials, testing, equipment and packaging projects