Gujarat announces dedicated Semiconductor Policy – 2022-27

The Bhupendra Patel-led Gujarat government on Wednesday announced a dedicated ‘Gujarat Semiconductor Policy 2022-27’ with a view to generate at least 2,00,000 new employment opportunities during a period of five years. In addition, the state proposes to develop a special “Semicon City” which would be part of the Dholera Special Investment Region.

With this, Gujarat has become the first state in the country to have dedicated semiconductor policy. In the new policy the state government has decided to give heavy subsidies on power, land and water tariffs for entrepreneurs interested in investing in semiconductors or display fabrication manufacturing in the state.