Which Indian state's cabinet has approved the establishment of semiconductor units near Jewar Airport, Noida?

A)
Uttar Pradesh
B)
Gujarat
C)
Maharashtra
D)
Uttarakhand

Correct Answer :   Uttar Pradesh


Uttar Pradesh's cabinet has greenlit the semiconductor project, attracting significant investments from HCL Group (?3,706 crore) and Hiranandani Group (?28,440 crore).

The project, spanning 50 acres, will receive a ?7,037 crore subsidy and additional incentives from the state, subject to central government approval.

This development is expected to boost Uttar Pradesh's economy, create jobs, and establish the state as a key player in India's electronics manufacturing sector. The project's location near Jewar Airport will also facilitate logistics and connectivity.

Published On : November 8, 2024