India Bars Sale or Mortgage of Chip Plants Under Semicon 2.0 Prior to Full Commercial Production

Strict guidelines under Semicon 2.0 aim to prevent early asset liquidation and ensure long-term promoter commitment. The Indian government has issued strict operational guidelines under its newly notified Semicon 2.0 scheme, prohibiting approved semiconductor companies from selling, disposing of, or mortgaging project assets before full commercial production commences. Under the framework—which carries a total incentive […]