UP aiming to become semiconductor hub as India expects massive investment

The Yogi Adityanath government has promised to offer a slew of incentives and support to the companies and technology startups for setting up semiconductor units in the state

With India estimated to receive Rs 76,000 crore investment in the semiconductor sector under the Production Linked Incentive (PLI) scheme, the Uttar Pradesh government is aiming to emerge as a semiconductor hub in the country.

Armed with the new UP Electronics Manufacturing Policy 2020, which envisages a total investment of Rs 40,000 crore in the electronics/IT sector and creating 400,000 job opportunities, the state has started wooing the private sector players to set up semiconductor units in UP.

The Yogi Adityanath government has promised to offer a slew of incentives and support to the companies and technology startups for setting up semiconductor