UP Semiconductor Policy 2024: Complete Guide
What Is the Policy?
The Uttar Pradesh Semiconductor Policy, 2024 is a state incentive policy for semiconductor fabrication, compound semiconductors, silicon photonics, sensors, discrete semiconductors, and assembly/testing/marking/packaging (ATMP/OSAT) operations. It is administered by the IT & Electronics Department, with UP Electronics Corporation Limited (UPECL) and Invest UP as the nodal agencies.
Projects qualified under any scheme of the Central government's India Semiconductor Mission are eligible under this policy, and capex assistance is disbursed in line with the benefits the Government of India provides — so the state incentives sit on top of, not instead of, the central ones.
Key Incentives
| What | How Much |
|---|---|
| Interest subsidy | 5% per annum, for units with investment up to ₹200 crore, capped at ₹1 crore/year per unit for 7 years (max ₹7 crore per unit) |
| Land subsidy | 75% subsidy on the first 200 acres purchased from state agencies |
| Capital subsidy | Aligned to the Central benefit under the India Semiconductor Mission |
| Duty exemptions | Stamp duty and electricity duty exemption |
| Infrastructure | Power and water infrastructure support |
Eligibility
- Fabs, compound semiconductor, silicon photonics, sensor, and discrete semiconductor units
- ATMP/OSAT (assembly, testing, marking, packaging) operations
- Must be placed in exactly one of UP's overlapping electronics policies — this one, the Electronics Manufacturing Policy, the Electronics Component Manufacturing Policy, or the data centre/IT frameworks — not more than one
Who Benefits Downstream?
Mobile phones, consumer electronics, automotive, telecom, defence equipment, and medical devices — sectors that already have a manufacturing base in parts of the state.
How to Apply
- Confirm your project qualifies under an India Semiconductor Mission scheme, or fits the state policy's own scope independently
- Approach UPECL or Invest UP as the nodal point
- Work out which single electronics policy (not multiple) your project should be filed under
Frequently Asked Questions
Can this policy be combined with Central India Semiconductor Mission benefits?
Yes — projects qualified under any India Semiconductor Mission scheme are eligible here, and capex assistance is disbursed in line with the Central benefit, so the two are designed to work together.
Can a project claim this and another UP electronics policy together?
No — a project should be placed in exactly one of the overlapping electronics policies (this one, Electronics Manufacturing Policy, Electronics Component Manufacturing Policy, or the data centre/IT frameworks), not more than one.
Need help with your UP Semiconductor Policy application?
ClaimDesk (A NorthStar Advisors brand, Noida) helps you confirm eligibility, work out which single electronics policy fits your project, and prepare the application for UPECL/Invest UP. The first conversation is completely free.
MSMEUP.com is independent information & tools — free, and not run by any consultancy. ClaimDesk is a separate, private consultancy (a NorthStar Advisors brand) for those who want professional filing help; its fee is for that service, not a government charge, and using it is entirely optional — MSMEUP's guides and tools work the same with or without it.
Official portal: niveshmitra.up.gov.in Administered by: IT & Electronics Dept. / UPECL / Invest UP Last reviewed: Aug 2026
This page summarizes publicly available scheme information. For the current official notification, application form and exact eligibility conditions, always confirm on the portal above before applying or filing a claim.