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To give a boost to the semiconductor industry in the state, the Yogi Adityanath government has implemented a Semiconductor Policy in Uttar Pradesh. Under this policy, the semiconductor industry in Uttar Pradesh will be classified as an essential service provider under the Essential Services
Highlighting the government's forward-looking stance, CM Yogi emphasized the strategic significance of semiconductors, acknowledging their indispensable role in powering electronic devices.
Semiconductor Shortage: Union Minister Ashwini Vaishnaw announced that the first made-in-India chip will be released in December, highlighting Prime Minister Narendra Modi's efforts in developing a strong semiconductor industry. Vaishnaw credited the success to Modi's focus on creating a comprehensive ecosystem and talent development.
Emphasizing the need for a robust semiconductor manufacturing ecosystem in Uttar Pradesh, the Chief Minister said, "It would not only contribute to the state's economic growth and innovation but also create substantial employment opportunities, enhancing self-reliance in strategically important areas."
Get latest articles and stories on India at LatestLY. The Uttar Pradesh Cabinet on Thursday gave its approval to the state's own semiconductor policy which aims to attract investments in the sector and aid the country's push towards chip manufacturing. India News | Uttar Pradesh Cabinet Approves State's Semiconductor Policy.