Uttar Pradesh is set to establish its first semiconductor park near the upcoming Noida International Airport in Jewar, Greater Noida. This initiative is part of the state's ambitious plan to boost its electronics manufacturing sector.
The park will be developed across Sectors 10 and 28 by the Yamuna Expressway Industrial Development Authority (YEIDA). It aims to attract both domestic and global chip manufacturing companies, creating a vibrant hub for semiconductor production¹. The project is expected to generate substantial employment opportunities for the youth in the region.
The state government has introduced a semiconductor policy offering significant incentives to attract investments. This includes a 50% additional capital subsidy on top of the central government's subsidy, a 75% land rebate for certain semiconductor sectors, and a 100% exemption on electricity duty for 10 years.
It's a significant step towards making Uttar Pradesh a key player in the semiconductor industry.
The semiconductor park near Noida International Airport is set to house several prominent companies. Kaynes Semicon Private Limited has been allocated 50 acres in Sector 10. Vama Sundari Investments also allocated 50 acres in Sector 10.
TURCK has been allotted 125 acres in Sector 28.
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