- Gujarat has become India’s 1st state to implement a dedicated semiconductor policy.
- ‘Gujarat Semiconductor Policy 2022-2027’ has been introduced by Gujarat government.
- The policy aims to solidify position of Gujarat as a leader in semiconductor self-reliance.
- Recently, foundation stone for Micron’s advanced semiconductor assembly, test, mark, and pack (ATMP) plant was laid by Gujarat CM Bhupendra Patel in Sanand.
- India’s first AI-enabled semiconductor fabrication facility is being established by Tata Electronics Private Limited (TEPL) and Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) in Dholera’s emerging ‘Semicon City’.
- The policy offers a 100% one-time refund on stamp duty and registration fees, a Rs 2 per unit electricity subsidy, and a Rs 12 per cubic metre rate for water.
- It also includes up to 75% land acquisition subsidy for semiconductor unit
