A high-level delegation from the Gujarat government has secured investment interest from several companies in Singapore and South Korea, including a proposal by Bharat SemiTech to explore setting up a semiconductor equipment manufacturing facility in Sanand with an estimated investment of ₹1,000 crore, stated an official release from the state government on Friday.
The eight-day outreach programme, held from October 19-26, was part of the state’s preparations for the 11th Vibrant Gujarat Global Summit (VGGS) 2027, scheduled to take place in Gandhinagar from January 10-12. The proposed Bharat SemiTech facility in Sanand emerged as one of the key investment prospects from the Singapore leg of the visit, reinforcing Gujarat’s efforts to develop a semiconductor manufacturing ecosystem and attract investments across the electronics and advanced manufacturing value chain.
