Uttar Pradesh govt bid to be hub of semiconductor units

Three-day Semicon India 2024 (exhibition and conference) is set to begin at the India Expo Mart in Greater NOIDA from Sept 11

Published on: Sep 10, 2024, 18:44:48 IST

By Umesh Raghuvanshi, LUCKNOW

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The Uttar Pradesh government is making all efforts to become a hub for semiconductor units with the state already getting four to five proposals involving investment of ₹40,000 crore even as the three-day Semicon India 2024 (exhibition and conference) is set to begin at the India Expo Mart in Greater NOIDA on Wednesday.

The govt came out with the Uttar Pradesh Semiconductor Policy 2024 early this year. (For Representation)

PM Narendra Modi is proposed to inaugurate the event that CM Yogi Adityanath and senior officers of state government will attend. The UP government is hosting the event.

“Yes, we have already got four to five proposals involving investment of about ₹40,000 crore. Besides one to one meeting with the investors a session on skill development has also been planned,” said Anil Sagar, principal secretary, information technology and electronics.

India is being considered a rising player in the semiconductor industry amid indications that the regional chip market could grow over USD 55 billion by 2026. The semiconductors are essential part of smartphones and other devices.

The state government, which came out with the Uttar Pradesh Semiconductor Policy 2024 early this year, has incorporated various incentives in the policy. Those aware of the development said Yamuna Expressway Industrial Development Authority’s sector 10 is being considered suitable for the semiconductor manufacturing units.

There are indications that the state government is also expeditiously processing the proposals which may soon be put up before the state cabinet for approval.

ABOUT THE AUTHOR
Umesh Raghuvanshi
Umesh Raghuvanshi is an award-winning journalist with nearly four decades of demonstrated experience in the profession. He is the author of Ayodhya: The Gods Are Liberated. He is skilled in storytelling and newswriting, and writes on politics, governance, legislature, finance, environment, and social issues. He is based in Lucknow, is well-travelled, and has covered several national and international events, as well as all assembly and parliament elections in Uttar Pradesh since 1984. He has been a visiting scholar at the Graduate School of Journalism, University of California, Berkeley, USA, and a Metcalf Fellow at the Metcalf Institute of Marine and Environmental Reporting, University of Rhode Island, USA. He is a science graduate from DBS College, Dehradun, and holds an MA in Political Science from DAV (PG) College, Dehradun. He won the KC Kulish International Merit Award for excellence in journalism (2015) and received it in New Delhi in 2017. He also won a competition organised by the United Nations Environment Programme DTIE OzonAction Programme in 2009 that assessed coverage of the interlinkages between ozone and climate change. He was awarded in Beijing, China, in 2010. He started his career with a Dehradun-based English daily in the early 1980s and later worked with The Pioneer too.Read More