India, with a rapidly expanding market projected to grow from US$15 billion in 2020 to US$63 billion by 2026, has accelerated its efforts through the India Semiconductor Mission and state-level incentives. Leading this charge, Gujarat became the first state to introduce a dedicated Semiconductor Policy (2022– 2027), aiming to anchor fabs, display units, and advanced packaging facilities through strong incentives and streamlined governance.
The article, authored by Rajul Bohra, Partner, was published in Manufacturing Today.
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