Gujarat Semiconductor Policy
The Government of India intends to promote and widen electronics manufacturing and develop a robust and sustainable Semiconductor and Display ecosystem in the country and reduce dependency on the import of electronic goods by focusing on skill, technology, scale and the global market.
The Government of India has set up the India Semiconductor Mission (ISM) and has launched four schemes viz. 'Scheme for setting up of Semiconductor Fabs in India', 'Scheme for setting up of Display Fabs in India', 'Scheme for setting up of Compound Semiconductors / Silicon Photonics / Sensors Fab and Semiconductor Assembly, Testing, Marking and Packaging (ATMP) / OSAT facilities in India' and 'Design Linked Incentive (DLI) Scheme' for strengthening the ESDM ecosystem in the nation and making Electronics Manufacturing qualitatively competitive. Out of these four schemes, the Schemes for setting up of Semiconductor Fabs and Display Fabs are the most significant schemes entailing an enormous fiscal support package. The Scheme for Semiconductor Fabs pledges up to 50% support in the project cost on pari-passu basis and the Scheme for Display Fabs provides support of up to 50% of project cost up to ₹ 12,000 Cr. per project. Further, the Government of India has allocated funds to the tune of ₹ 76,000 Cr. for these four schemes.
Gujarat is one of the leading industrialized states in India which is characterised by presence of robust infrastructure, wide network connectivity through National Highways, State Highways and District Roads, 48 ports, 17 operational airports and airstrips with 2 International airports, premier educational institutions and presence of multiple specialized industrial zones such as Dholera Special Investment Region (DSIR) and other such industrial estates under the Gujarat Industrial Development Corporation (GIDC).
The Government of Gujarat is committed towards the vision of Government of India in making India as the next global hub of semiconductor and display manufacturing sector. This Policy focuses on guiding a significant portion of the investments made under the four Policies implemented by ISM to Gujarat. The Gujarat Semiconductor Policy (2022-27) will facilitate the eligible projects for land allotment, enable expedited process approvals, ready access to utilities such as power, water, gas and other industrial infrastructure besides the fiscal incentive support package under this policy.