Micron and Aequs Receive Green Light to Establish High-Tech SEZs in India
Micron Semiconductor Technology India Pvt Ltd (MSTI) and Aequs Group have secured government approval to establish Special Economic Zones (SEZs) dedicated to semiconductor and electronic component manufacturing. These developments follow recent SEZ policy reforms aimed at accelerating high-tech investments by lowering land requirements and easing operational restrictions.
Micron plans to set up a 37.64-hectare SEZ in Sanand, Gujarat, with an investment of ₹13,000 crore. This facility will focus on semiconductor manufacturing and further strengthen India’s position in the global chipmaking ecosystem.
Aequs Group, on the other hand, will establish an 11.55-hectare SEZ in Dharwad, Karnataka, with an investment of ₹100 crore to enhance electronics component production.
These approvals come after the government amended SEZ regulations, reducing the minimum contiguous land requirement for semiconductor and electronics SEZs from 50 hectares to 10 hectares—creating a more favorable environment for strategic and capital-intensive investments in the electronics sector.
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