Gujarat attracts Rs 15,000 cr in semiconductor deals, aims to create integrated value chain – ET Auto
As Gujarat CM Bhupendra Patel inaugurated Gujarat SemiConnect IESA Vision Summit 2025, the state batted for building a local-to-global value chain in Gujarat with an investment push of Rs 15,000 crore, according to state govt officials. Organised at Mahatma Mandir Exhibition and Convention Centre in Gandhinagar with a view to strengthen the semiconductor ecosystem in Gujarat, the conference saw 10 key MoUs signed for investments in Gujarat.
While NextGen signed Rs 10,000 cr MoU for compound semiconductor fab, Tata Electronics inked a tripartite agreement to set up a display fab in Dholera and US-based Jabil Inc committed Rs 1,000 cr to set up Silicon Photonics mfg unit in Gujarat.
With 15k cr semicon push, Gujarat to build local-to-global value chain
In a move set to redefine the state’s industrial landscape, chief minister Bhupendra Patel kicked off the Gujarat SemiConnect IESA Vision Summit 2025 on Wednesday and shared a compelling vision to turn Gujarat into a semiconductor hub.
Held at the Mahatma Mandir centre in Gandhinagar, the summit saw the signing of 10 key MoUs and a Rs 15,000 crore investment push to build a local-to-global value chain.
Notably, NextGen expressed its intent to invest Rs 10,000 crore in setting up a compound semiconductor fab and opto-electronics facility, with technical collaboration from Hitachi and Solidlite. Meanwhile, Jabil Inc committed Rs 1,000 crore to set up a silicon photonics manufacturing unit and Tata Electronics entered a tripartite agreement with Taiwan’s PSMC and HiMax Technologies to set up a semiconductor display unit in Dholera. Additionally, Taiwan Surface Mounting Technology will invest Rs 500 crore in a new electronics manufacturing service facility, creating approximately 1,000 jobs.
“Gujarat is the first state in India to launch a semiconductor policy, due to which it naturally became the first choice of multinational companies to set up facilities here. Gujarat will soon become an important part of the demand-supply chain of the global semicon industry,” said CM Bhupendra Patel.
The CM conducted the virtual groundbreaking ceremony of Kaynes Technology’s semiconductor plant in Sanand, with a Rs 3,300 crore investment. “Production will to commence in June 2025 with a pilot line, and the main manufacturing line will be operational by Jan 2026,” said MD Ramesh Kannan.
Kaynes also partnered with Alpha and Omega Semiconductor Limited for supply of semicon chip produces power MOSFETs, IGBTs, and IPMs. Girish Chandra Chaturvedi, chairman of CG Semi Private Limited, announced plans to initiate production in two phases, with the mini plant starting in 2026 and the main plant in 2027.
“Gujarat has attracted Rs 1.5 trillion in semicon investments,” said Mona Kandhar, principal secretary of the department of science and technology.
A fiscal support agreement was also signed between the India Semiconductor Mission and Tata Electronics to provide financial aid to a semicon fab unit being set up in Dholera for Rs 91,526 crore.
