Karnataka is about to unveil an updated electronics strategy that places a lot of focus on the semiconductor industry. The updated policy attempts to take into account the different requirements and standards of different semiconductor sub-sectors. This includes the need for refurbished equipment and preferences for infrastructure, in order to guarantee that all important details are incorporated into the regulatory framework.
“At a government of Karnataka level, while the existing electronics policy is actually valid till September 2025, because of the pace at which the industrial ecosystem has grown and given a lot of changes on the geopolitical front, the state is also coming out with a new version of the policy which has dedicated focus on the semiconductor vertical,” said Parnika Pavanram, General Manager of the Department of IT-BT for the Government of Karnataka at an event.
He also added, “The government is beginning to understand that even within semiconductors, there are so many different specifications for each of the sub-sectors...all of those various points within the ecosystem are kind of getting aligned, and the government is able to take that whole story in one perspective.”
The state’s focus to bolster the semiconductor ecosystem is further underlined by its strategic initiatives which includes the promotion of Mysore as a Printed Circuit Board (PCB) cluster and the establishment of Electronics Manufacturing Clusters (EMCs) across Karnataka. These clusters are expected to enhance the state’s capability to support the semiconductor industry comprehensively.
As per a report by Deloitte, Karnataka home to over 100 chip-designing houses and holds over 40 percent of India’s electronics design market. The state is actively working to attract investments in semiconductor manufacturing and packaging, aiming to position itself as a leading hub for the sector in India.
In June, Karnataka’s Large and Medium Industries Minister MB Patil indicated in a series of tweets that the state government is deliberating on offering a 20 percent subsidy support for semiconductor manufacturing companies on top of Central Government’s 50 percent subsidy.
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