The government of Andhra Pradesh is stepping up efforts to attract SK Hynix, one of the world’s leading memory chipmakers, to establish a facility in India. According to The Deccan Chronicle, state officials have offered SK Hynix a package of incentives that includes large tracts of industrial land, streamlined approvals, and access to ports and airports, in hopes of positioning the state as a hub for advanced semiconductor manufacturing in eastern India. Senior state ministers B. C. Janardhan Reddy and P. Narayana reportedly presented the proposal to the Korean chipmaker during investment talks.
administrator