Nod to MSTI, Aequs Group SEZ proposals after norms relaxed: Govt

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India has eased regulations for semiconductor and electronics component manufacturing in SEZs, leading to significant investments. Micron will establish a facility in Gujarat with an investment of Rs 13,000 crore, while Aequs will set up a unit in Karnataka with Rs 100 crore investment. These amendments aim to boost high-tech manufacturing, spur the semiconductor ecosystem's growth, and create skilled jobs.