Gujarat Electronics Component Manufacturing Policy aims to reduce import dependency

Incentives for projects approved by MeitY, quick disbursal of assistance and reducing import dependency by attracting over Rs 35,000 crore in new investments are among the prominent features of the Gujarat Electronics Component Manufacturing Policy-2025.

The policy, which aims to transform Gujarat into a global hub for electronics manufacturing, was unveiled by Chief Minister Bhupendra Patel on Sunday.

The policy states that projects approved and supported by the Union Ministry of Electronics and Information Technology (MeitY) will be eligible for 100% Central assistance when established in Gujarat.

Objectives 
* To establish Gujarat as a prominent player in global electronics supply chains by promoting the manufacturing of electronic components.
* By promoting local component and sub-assembly production, reduce import dependency and boost exports, thereby driving product value growth in global electronics value chains (GVCs).

Eligibility 
* As per Government of India guidelines, applications to avail benefits under this policy must be submitted by 31st July 2025.
* All MeitY-approved projects operating in Gujarat will automatically be eligible for benefits under this policy.
* Projects under development or proposed in Gujarat will also be eligible for incentives under this policy

Incentives
* Units other than those receiving assistance under Gujarat Electronics Policy 2022-28 will be eligible for benefits under this policy
* Units availing benefits under this policy will not be eligible under the Gujarat Electronics Policy 2022-28
* Incentives will be as per the terms and thresholds of the Government of India schemes.
 
Common infrastructure and logistics: Need-based assistance will be provided for the development and modernisation of common infrastructure in electronics clusters. The State Government will provide assistance within 30 working days after the Central Government disburses funds for approved schemes

The duration of this state policy will remain the same as the Government of India’s scheme. The Gujarat State Electronics Mission (GSEM) will implement the Gujarat Electronics Component Manufacturing Policy-2025.