The Special Economic Zones (Amendment) Rules 2025 notified by the government on June 3 give greater autonomy to manufacturers to move or sell finished goods.
The government has allowed the manufacturers of semiconductors and electronic components to set up factories on smaller land parcels in special economic zones (SEZs).
SEZs exclusively meant for making semiconductors or electronic components, companies, including startups.
They will now be able to set up factories 10 hectares of land against the earlier 50 hectares.
In multi-product SEZs, the minimum land requirement has been lowered to four hectares from 20.
India’s semiconductor market was valued at $45 billion in 2023 and is expected to cross $100 billion by 2030.