Andhra Pradesh is grounding its first project under the India Semiconductor Mission—an Outsourced Semiconductor Assembly and Test (OSAT) facility in Visakhapatnam with a total investment of ₹2,387.81 crore. The state is offering land at ₹1/acre and incentives under its Semiconductor Policy, aiming to create 1,000 jobs and position itself in India's chip-making ecosystem.
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- ›Total Investment: ₹2,387.81 crore
- ›Jobs Expected: 1,000
- ›Target this Data: ₹2,387.81 crore total investment & 1,000 jobs
- ›Target this Nodal Body: India Semiconductor Mission (ISM) & Andhra Pradesh Industrial Infrastructure Corporation (APIIC)
- ›Target this Legal Point: Andhra Pradesh Semiconductor and Display Fab Policy (4.0) 2024-29
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