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Semiconductor Innovation Driving Growth in Gujarat
Bisinfotech
|December 2024
Gujarat and Ahmedabad's strategic focus on the Semiconductor industry signifies India's dream of becoming a global hub.
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Semiconductors are one of the most innovative industries that support different fields, including electronics, automotive, telecommunication, and others. India, currently looking to become an essential actor in the global semiconductor industry, has experienced a significant increase in its regions of industrial development. Gujarat, especially Ahmedabad, has become an ideal location for semiconductor development because of government support, geographical advantage, and a favorable environment for research and development. Gujarat was the first state to unveil its Semiconductor Policy within a year of the Central Government's announcement of the India Semiconductor Mission (ISM) in 2021.
Key Projects in Gujarat and Ahmedabad
Gujarat and Ahmedabad are at the forefront of India's semiconductor revolution, with several projects underway to boost the industry:
Tata Electronics
In partnership with Taiwan's Powerchip Semiconductor Manufacturing Corporation (PSMC), Tata Electronics is building a mega fab in Dholera. The fab is expected to be ready by 2026 and will have a monthly production capacity of 50,000 wafers.
Kaynes Semicon Pvt Ltd The Union Cabinet approved a 3,300 crore project for Kaynes Semicon Pvt Ltd to establish a semiconductor manufacturing unit in Sanand, Gujarat.
Gujarat Semiconductor Policy 2022-27 This policy offers substantial additional capital assistance, making Gujarat a magnet for semiconductor businesses.
CP PLUS and L&T Semiconductor Technologies These companies are collaborating to develop Indian IP SoCs and AI CCTV products.
Cyient Ltd Cyient Ltd is launching a subsidiary for ASIC design and chip sales.
Gujarat was the first state to unveil its Semiconductor Policy within a year of the Central Government's announcement of the India Semiconductor Mission (ISM) in 2021.
Gujarat Semiconductor Industry Analysis
Cette histoire est tirée de l'édition December 2024 de Bisinfotech.
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