Gujarat Forges Ahead as Global Semiconductor Hub: Gujarat Government's Strategic Initiatives Draw Global Attention
Gandhinagar, 30 November 2023: In a landmark move, Gujarat has emerged as a frontrunner in establishing itself as a global center for Electronics System Design and Manufacturing (ESDM) and Semiconductor Manufacturing. This remarkable achievement stems from the State's proactive approach, evident in the formulation of separate policies for Electronics Manufacturing (2022-28) and Semiconductor Manufacturing (2022-27). These policies pave the way for creating a thriving ecosystem that attracts global investments and drives innovation.
Gujarat's dedication to the semiconductor sector is further exemplified by its recent initiative to attract Micron Technology, the world's largest semiconductor chip manufacturing company. Micron's decision to establish a plant in Sanand near Ahmedabad is a testament to Gujarat's competitive edge and its commitment to becoming a leading semiconductor hub.
To further solidify its position, Gujarat Chief Minister Bhupendra Patel has organized a series of national and international roadshows and delegation tours in the lead-up to the Vibrant Gujarat Global Summit 2024. These events have provided a platform to showcase Gujarat's remarkable development journey, its vision for the future, and its eagerness to collaborate with global partners.
Over 1000 companies have been engaged through these roadshows and delegation tours, demonstrating the immense interest in Gujarat's thriving semiconductor landscape. Companies from Japan, South Korea, and India's major tech hubs like New Delhi and Bengaluru have expressed their keenness to explore investment opportunities in the region.
These delegation visits have resulted in substantive outcomes, with companies showcasing their interest in research and development, assembly testing, packaging, and manufacturing critical components for the semiconductor industry. Engineering/technology centers are also gaining traction as potential investment areas.
Amidst this surge of interest, companies like Mitsui & Co. (Japan), Sharman Corporation (Japan), Avanstrate (Japan), Hosiden (Japan), and Simmtec (South Korea) have expressed their willingness to establish operations in Gujarat. National companies like Seoul Semiconductor, V-Guard, LAM Research, Dell Technologies, Marvell Technologies, and NXP Semiconductor Company are also considering significant investments.
These endeavors, coupled with the Gujarat Government's focused approach, will undoubtedly elevate India's position as a global semiconductor powerhouse. The State's strategic initiatives are paving the way for a robust supply chain, strengthening India's economic stature, and propelling it towards a future of technological innovation.