Gujarat eyes global investors in high-tech industries

Ahmedabad: The Gujarat govt has unveiled a dedicated ultra-mega project category under the Viksit Gujarat Industrial Policy 2026, providing the highest level of incentive support for large investments in thrust sectors.

The category includes projects in priority sectors involving investments of Rs 10,000 crore and above and creating more than 3,000 jobs, officials said.Officials said the framework has been structured to attract globally competitive investments in sectors such as semiconductors, green hydrogen, battery storage, aerospace, robotics and advanced manufacturing.Under the policy, ultra-mega units will be allowed to opt for a mix of capital subsidy, interest subsidy and power tariff support depending on project needs and financial viability.Ultra-mega projects in Category-A talukas will be eligible for total incentives of up to 40% of eligible fixed capital investment (eFCI), while projects in Category-B talukas can avail support of up to 35% of eFCI.The support window for ultra-mega projects has been extended up to 12 years, making it among the longest incentive periods offered under the policy.For ultra-mega projects in Category-A talukas, capital subsidy can go up to 30% of eFCI over 12 years, while interest subsidy and power tariff support can each extend up to 25% of eFCI. In Category-B talukas, capital subsidy can go up to 25% of eFCI, while interest and power support can extend up to 20%.The policy also introduces flexibility by allowing companies to customise the mix of incentives based on capital intensity, financing structure and power requirements.