The 'Gujarat Semiconductor Policy' will help realise the state's commitment for a self-reliant India and Gujarat, Chief Minister Bhupendra Patel has said.
The policy is setting the stage for a future in the world of technology and manufacturing, and helping Gujarat transform itself into a semiconductor powerhouse, he said.
According to the state government, chip maker Micron Technology's decision to set up a USD 2.75-billion plant at Sanand near Ahmedabad indicates that Gujarat's dedicated semiconductor policy is bearing fruit and attracting global players.
Under the policy, the state government will set up 'Dholera Semicon City' near Ahmedabad where eligible projects will be given subsidies for setting up manufacturing units, it said ahead of the Vibrant Gujarat Global Summit (VGGS) to be held in Gandhinagar next month.
The summit is a forum for business networking, knowledge sharing and strategic partnerships for inclusive growth and sustainable development.
In June this year, the Gujarat government signed a Memorandum of Understanding (MoU) with the Micron Technology for setting up a semiconductor assembly and test facility at Sanand.
With the prime minister's guidance, Gujarat has emerged as a policy-driven State, he said.
