Gujarat Government Launches State Electro Component Policy with 100% Matching
Incentives
[ABS News Service/23.06.2025]
The main features and incentives of
the Gujarat Electronics Component Manufacturing Policy 2025 (GECMS-2025) policy
are:
·
Projects approved under the MeitY’s
Electronics Component Manufacturing Scheme (ECMS) will receive 100% assistance for
setting up projects in Gujarat.
·
Projects approved by the Union Ministry
will get dual assistance incentive benefits from the Central and State with a single
approval.
·
The benefit of the Gujarat Government's
ECMS will also be available in parallel from MeitY's approval to distribution and
the incentive assistance will be paid within 30 days.
·
Additional benefits of “Workforce
Development Credits” and “Common Infrastructure & Logistics Facilities”
·
Target of more than ₹35,000
crore new investments and increasing high-skilled employment in the state.
·
Application to avail the benefit of
the policy can be made till July 31, 2025.