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Govt Launches EDF for High Tech

PUBLISHED BY: SURENDER KUMAR
FEBRUARY 24, 2016

   
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Govt Launches EDF for High Tech

To promote manufacturing in the electronics sector, the government has launched a Rs. 10,000 Cr. Electronics Development Fund (EDF) for the semiconductor industry. The Fund will give  risk capital to the companies developing new technologies in electronics, nano-electronics and information technology. It will also be used to acquire foreign companies and technologies for building hi-tech capabilities within India.


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