The Uttar Pradesh government is set to establish the first semiconductor park of the state near Noida international airport. A total of 200 acres have been earmarked in Sector 10 and 125 acres in Sector 28 for this ambitious project while the Yamuna Industrial Development Authority will develop two semiconductor clusters in Noida. Official sources said that leading chip manufacturing companies from India and across the globe will be drawn to invest, with world-class infrastructure and facilities provided. Investors will benefit from excellent connectivity and the states forward-looking semiconductor policy This initiative aims to attract major chip manufacturing companies from both India and around the globe to set up operations in Uttar Pradesh. Additionally, it will generate significant employment opportunities for the youth of the state. The Semiconductor Policy formulated by the UP government is designed to encourage investment in the sector by offering substantial incentives to further boost the establishment of semiconductor industries in the region. The Yamuna Expressway Industrial Development Authority (YEIDA) has designated land for two semiconductor clusters. The first cluster spans 200 acres in Sector 10, while the second covers 125 acres in Sector 28. To support these clusters, YEIDA will establish an 8 MLD water treatment plant and a 60 MLD sewage treatment plant. Additionally, 400/200/132 kV sub-stations are planned to ensure a steady power supply. Investors will also benefit from multimodal connectivity, further enhancing the regions appeal. Located just four kilometres from Noida international airport, these clusters will offer exceptional logistical advantages. Cargo can be transported within minutes, and both investors and international buyers will have convenient access. Moreover, the upcoming Rapid Rail Transit System (RRTS) will further improve connectivity, with the detailed project report already approved by the Uttar Pradesh government. A high-speed rail line between Delhi and Varanasi, with a station at Noida airport, is also in the works. Additionally, the recently built interchange on the Delhi-Mumbai Expressway at the Yamuna Expressway will enhance connectivity with major cities. Uttar Pradesh holds immense potential for semiconductor manufacturing, and the Yogi government is committed to fostering a semiconductor ecosystem to attract investors. The states first-ever Semiconductor Policy includes a 50 per cent additional capital subsidy on top of the subsidy provided by the Government of India. Investors in compound semiconductors, silicon photonics, sensors, ATMP, and OSAT are eligible for a 75 per cent land rebate under the policy. Furthermore, the policy offers a 100 per cent exemption on electricity duty for 10 years, along with a dual grid network for uninterrupted power supply. Additionally, the policy includes a 50 per cent exemption on inter-state power purchase, transmission and wheeling charges for 25 years. It also offers a 100 per cent exemption on stamp duty and registration fees, along with an annual interest subsidy of 5 per cent (up to a maximum of Rs 7 crore).

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