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Gujarat attracts Rs 15,000 cr in semiconductor deals, aims to create integrated value chain, ET Auto

Gujarat attracts Rs 15,000 cr in semiconductor deals, aims to create integrated value chain, ET Auto

by admin
March 9, 2025
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<p>Gujarat will soon become an important part of the demand-supply chain of the global semicon industry,” said CM Bhupendra Patel.<br></p>
Gujarat will quickly develop into an essential a part of the demand-supply chain of the worldwide semicon business,” stated CM Bhupendra Patel.

As Gujarat CM Bhupendra Patel inaugurated Gujarat SemiConnect IESA Imaginative and prescient Summit 2025, the state batted for constructing a local-to-global worth chain in Gujarat with an funding push of Rs 15,000 crore, based on state govt officers. Organised at Mahatma Mandir Exhibition and Conference Centre in Gandhinagar with a view to strengthen the semiconductor ecosystem in Gujarat, the convention noticed 10 key MoUs signed for investments in Gujarat.

Whereas NextGen signed Rs 10,000 cr MoU for compound semiconductor fab, Tata Electronics inked a tripartite settlement to arrange a show fab in Dholera and US-based Jabil Inc dedicated Rs 1,000 cr to arrange Silicon Photonics mfg unit in Gujarat.

With 15k cr semicon push, Gujarat to construct local-to-global worth chain

In a transfer set to redefine the state’s industrial panorama, chief minister Bhupendra Patel kicked off the Gujarat SemiConnect IESA Imaginative and prescient Summit 2025 on Wednesday and shared a compelling imaginative and prescient to show Gujarat right into a semiconductor hub.

Held on the Mahatma Mandir centre in Gandhinagar, the summit noticed the signing of 10 key MoUs and a Rs 15,000 crore funding push to construct a local-to-global worth chain.

Notably, NextGen expressed its intent to speculate Rs 10,000 crore in establishing a compound semiconductor fab and opto-electronics facility, with technical collaboration from Hitachi and Solidlite. In the meantime, Jabil Inc dedicated Rs 1,000 crore to arrange a silicon photonics manufacturing unit and Tata Electronics entered a tripartite settlement with Taiwan’s PSMC and HiMax Applied sciences to arrange a semiconductor show unit in Dholera. Moreover, Taiwan Floor Mounting Expertise will make investments Rs 500 crore in a brand new electronics manufacturing service facility, creating roughly 1,000 jobs.

“Gujarat is the primary state in India to launch a semiconductor coverage, because of which it naturally grew to become the primary selection of multinational firms to arrange amenities right here. Gujarat will quickly develop into an essential a part of the demand-supply chain of the worldwide semicon business,” stated CM Bhupendra Patel.

The CM carried out the digital groundbreaking ceremony of Kaynes Expertise’s semiconductor plant in Sanand, with a Rs 3,300 crore funding. “Manufacturing will to start in June 2025 with a pilot line, and the principle manufacturing line will probably be operational by Jan 2026,” stated MD Ramesh Kannan.

Kaynes additionally partnered with Alpha and Omega Semiconductor Restricted for provide of semicon chip produces energy MOSFETs, IGBTs, and IPMs. Girish Chandra Chaturvedi, chairman of CG Semi Non-public Restricted, introduced plans to provoke manufacturing in two phases, with the mini plant beginning in 2026 and the principle plant in 2027.

“Gujarat has attracted Rs 1.5 trillion in semicon investments,” stated Mona Kandhar, principal secretary of the division of science and expertise.

A fiscal assist settlement was additionally signed between the India Semiconductor Mission and Tata Electronics to offer monetary assist to a semicon fab unit being arrange in Dholera for Rs 91,526 crore.

  • Revealed On Mar 7, 2025 at 02:24 PM IST

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Tags: aimsattractsAutoChaincreateDealsGujaratIntegratedsemiconductor

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