Question
Which of the following state government recently
announced Semiconductor Policy 2022-27 with a view to generating at least 2,00,000 new employment opportunities during a period of five years?Solution
Gujarat government 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. In addition, the state proposes to develop a special “Semicon City” which would be part of the Dholera Special Investment Region. With this, Gujarat has become the first state in the country to have a dedicated semiconductor policy. In the new policy the state government has decided to give heavy subsidies on power, land and water tariffs for entrepreneurs interested in investing in semiconductors or display fabrication manufacturing in the state. According to a state government, the main objective of the policy is to make Gujarat a pioneer in developing the Electronics System Design & Manufacturing (ESDM) ecosystem.
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