Gujarat’s dedicated semiconductor policy drawing global players, says state govt

Ahmedabad: Chip maker Micron Technology’s decision to set up a $2.75-billion plant at Sanand near Ahmedabad indicates that Gujarat’s dedicated semiconductor policy is bearing fruit and attracting global players, the state government has said.

Gujarat had in July last year announced a dedicated policy to draw new investments in the semiconductor sector by offering incentives and subsidies to start operations in the state.

The ‘Gujarat Semiconductor Policy’, unveiled by Chief Minister Bhupendra Patel, will remain in force till 2027. The policy has been designed in line with the Centre’s ‘India Semiconductor Mission’ to attract and facilitate new projects in the sector, the government said in a release.