The Uttar Pradesh Semiconductor Policy 2024 was officially notified on February 12, 2024, by the Department of Information Technology and Electronics. According to the official policy document, the initiative seeks to attract semiconductor fabrication projects across compound semiconductors, silicon photonics, sensors, discrete semiconductors and assembly, testing, marking and packaging units. The policy is administered by the Uttar Pradesh Electronics Corporation Limited and remains valid for five years from the notification date, subject to potential amendments or replacement.
The policy offers comprehensive financial support to eligible semiconductor projects. As reported in the official policy document, the main capital support includes a state subsidy equal to 50% of the capital subsidy approved by the Union government. Additional benefits include interest subsidy, land rebate, stamp-duty exemption, electricity-duty relief, transmission concessions, research support, patent reimbursement, skilling and worker housing support. For research and innovation, the policy provides ₹10 lakh for a domestic patent and ₹20 lakh for an international patent, demonstrating the state's commitment to fostering intellectual property development in the semiconductor sector.
The policy establishes a structured application process requiring Union government approval as central to the principal capital-subsidy route. According to the official guidelines, eligible applicants include semiconductor fabrication plants, compound semiconductor facilities, silicon photonics facilities, sensor fabrication units, discrete semiconductor facilities, ATMP units, OSAT units, and integrated projects combining fabrication and packaging. The process requires applicants to prepare technical and financial proposals, obtain Union government approval, apply to the state nodal agency for corresponding state packages, and secure final land, power, water and statutory clearances before project commencement.
As reported in the official policy document, the implementation framework has been established with applications submitted to the state, Union-approved projects located in Uttar Pradesh, Letters of Comfort issued, land allotted under the policy, state capital subsidy sanctioned, and fabrication or packaging capacity commissioned. The policy has generated commercial production and employment specifically under the policy, though official project-level approvals and disbursements remain insufficiently consolidated according to the available data.
