Andhra Pradesh’s Semiconductor Policy 2024-29
Andhra Pradesh launched its Semiconductor & Display Fab Policy 2024-29 to develop a semiconductor ecosystem, enhance global competitiveness, and align with India Semiconductor Mission goals. Effective from November 2024, the policy offers subsidies for approved projects and large-scale incentives. Infrastructure initiatives include clean rooms and free trade warehouse zones through PPP models. It aims to create sustainable employment and complements the state’s Electronics Manufacturing Policy 2024-29. While boosting semiconductor production, challenges such as infrastructure costs and workforce needs remain. Emphasis on public-private partnerships and workforce training will be essential for success.
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