In a significant policy shift, the Indian government has relaxed the rules governing Special Economic Zones (SEZs) to attract major investments in semiconductor and electronics manufacturing. This decision is part of India’s larger goal to reduce dependency on imports and become self-reliant in the tech hardware sector.
The move has already started showing results. Micron Semiconductor Technology India (MSTI) has received approval to establish a dedicated SEZ in Gujarat with an investment of ₹13,000 crore. The facility will focus on semiconductor manufacturing and is expected to be a game-changer for India’s chip production ecosystem. In another major development, Aequs Group is set to build a ₹100 crore electronic components SEZ in Hubballi, Karnataka, aiming to expand its manufacturing capabilities under the new relaxed norms.
By easing SEZ restrictions, the government is offering companies better access to tax incentives, duty-free imports, and faster regulatory approvals. This decision complements India’s ₹76,000 crore Semiconductor and Display PLI scheme and strengthens efforts to position India as a global manufacturing hub. With supply chain disruptions and geopolitical shifts prompting nations to localize chip production, India’s proactive reforms are timely and strategic.
These newly approved SEZ projects are expected to create thousands of jobs, bring in cutting-edge technology, and boost the confidence of global investors. As development begins, the projects by Micron and Aequs mark a strong start to India’s renewed focus on high-tech manufacturing and signal future growth in the electronics sector.
India is now not just welcoming investment in technology infrastructure—it’s actively building the environment for it to thrive.
