The Rajasthan Cabinet, under Chief Minister Bhajan Lal Sharma, approved the state's first-ever Semiconductor Policy 2026 on January 21, 2026, with the state government coming out with the policy in March 2026. The policy positions Rajasthan as a major hub for semiconductor manufacturing, design, packaging, and allied electronics. Key highlights include: Jodhpur-Pali-Marwar and Kankani designated as Priority Semiconductor Corridors with fast-track land allotment, coordinated utilities, and single-window clearance; financial incentives including a grant equivalent to 60% of capital subsidy approved under the India Semiconductor Mission; 5% interest subvention on term loans; 50% reimbursement for environmental protection expenditure; 100% electricity duty exemption for seven years for units using captive renewable energy; and 50% concession on consent fees under the Rajasthan Green Rating System. The policy targets investment in OSAT (Outsourced Semiconductor Assembly and Test), ATMP (Assembly, Testing, Marking and Packaging), and sensor manufacturing. Two new bodies — the State Level Sanctioning Committee and the State Empowered Committee — will oversee implementation. The Department of Industries and Commerce is the nodal agency. The policy complements the India Semiconductor Mission (ISM) under MeitY and aligns with India's goal of building a domestic semiconductor ecosystem. The Jodhpur corridor's proximity to IIT Jodhpur and IIT Jodhpur's Centre for Excellence in AI provides a research-industry synergy. The policy is expected to generate significant employment for Rajasthan's youth and reduce India's dependence on semiconductor imports currently valued at over $30 billion annually.