Gujarat has launched the country's first ‘Gujarat Semiconductor Policy 2022-2027,’ aligning with PM Modi’s vision for a developed India by 2047. This initiative aims to boost semiconductor self-reliance through projects like Micron’s ATMP plant and Tata Electronics’ AI-enabled fab facility, totaling over ₹1.24 lakh crore in investments. The policy offers financial support, including capital subsidies and tax incentives, positioning Gujarat as a key hub for semiconductor innovation and job creation.