First state in India to introduce semiconductor policy

Recently, Gujarat Chief Minister Bhupendra Patel has unveiled the ‘Gujarat Semiconductor Policy’. This policy will be applicable till the year 2027. The purpose of this new announcement of the state government is to attract new investors in the field of semiconductors. Gujarat’s Science and Technology Minister Jitu Vaghani said that the Gujarat government is offering incentives and subsidies under the new policy.

Important point:

• With this announcement, Gujarat has become the first state in India to launch a semiconductor policy.
• The state government will set up ‘Dholera Semicon City’ near Ahmedabad with this policy.
• Eligible projects in Dholera Semicon City will given subsidy for setting up manufacturing units.
• In this, 75 percent subsidy will given on the purchase of 200 acres of land.
• Gujarat is the first state in the country to have a dedicated policy for the semiconductor and display manufacturing sector. 
• This policy has been prepared in accordance with the India Semiconductor Mission.

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