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Gujarat becomes first state to launch semiconductor policy

Current GK (RBI Ast) States Updates

30-Jul-22

The Gujarat government has announced a dedicated ‘Gujarat Semiconductor Policy 2022-27’ with a view to generating at least 2,00,000 new employment opportunities during a period of five years.

With this Gujarat has become the first state to launch a Semiconductor Policy 2022-27.
The policy was announced and unveiled by Gujarat CM Bhupendra Patel, and it offers a slew of incentives and subsidies to manufacture semiconductors.
In addition, the state proposes to develop a special “Semicon City” which would be part of the Dholera Special Investment Region.

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