Gujarat becomes first state to launch semiconductor policy

Daily Current Affairs / Gujarat becomes first state to launch semiconductor policy

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Category : State Published on: August 01 2022

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With an aim to boost manufacturing of semiconductors in the state and creating some two lakh jobs over the next five years, Gujarat became 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.