# Gujarat is introducing a new 'ultra mega' industry category.

*business, semiconductor · news · 2026-06-10 · The Economic Times*

## Key points

- Gujarat will introduce an 'ultra mega' industry category requiring at least Rs 10,000 crore investment and 3,000 jobs.
- The new policy expands thrust sectors from nine to sixteen, adding areas like drone and robot manufacturing.
- Ultra mega industries may receive up to 40% incentives on capital investment, a significant increase.
- For every additional Rs 5,000 crore invested, companies must generate 500 more jobs under this category.

Synopsis Gujarat is introducing a new 'ultra mega' industry category. This requires at least Rs 10,000 crore investment and 3,000 jobs. The state is also adding more 'thrust sectors' like semiconductor ancillaries and drone manufacturing. Companies in this category can get up to 40% incentives on capital investment. The Gujarat government is set to introduce a new category of enterprises “ultra mega” industries in its upcoming industrial policy, which is expected to be unveiled within the next two weeks, according to Kapil Dave's Times of India report. According to the draft policy, “An ultra mega industrial unit means an industrial undertaking in thrust sectors having an investment of at least Rs 10,000 crore and providing employment to at least 3,000 people." The proposed policy also broadens the scope of priority sectors, increasing the number of designated “thrust sectors” from nine at present to 16. The draft further stipulates, “For every additional Rs 5,000 crore of investment, additional employment of 500 persons will be mandatory.” At present, projects involving investments of more than Rs 10,000 crore are classified as “mega industries” and are eligible for customised incentives under the state's Atmanirbhar Gujarat scheme. The new policy seeks to formally distinguish a higher category of investments. Live Events “The govt has now decided to coin the separate category of ‘ultra mega’ industries in the policy itself, defining the proposed investment, employment guarantees, and incentives,” said a top source in the government. Among the sectors proposed to be added to the thrust-sector list are semiconductor ancillary units, manufacturers of nuclear power equipment, vehicle scrapping facilities, e-waste recycling units, textile waste recycling industries, shipping container manufacturers and heavy earth-moving equipment makers. The sectors already covered under the thrust category include the green energy ecosystem, mobility, capital equipment manufacturing (covering electrical, industrial and telecom machinery), critical mineral processing, textiles and apparel, sustainability, agro and food processing, chemicals, and healthcare. “The govt has also selected robot manufacturing and drone manufacturing as thrust sectors,” said an official. Industry sources said companies qualifying under the proposed category could receive substantial fiscal support. “Industries that will be granted approval under the ‘ultra mega’ category will get up to 40% incentives on capital investment that they make,” said a source familiar with the policy discussions. The source added, “Such industries will have the flexible option of choosing incentives in the form of capital subsidy, interest subsidy, and power tariff.” (With TOI inputs) (You can now subscribe to our Economic Times WhatsApp channel) Market darling to drawdown: Why momentum stocks are losing steam To cut or not to cut: What happens to Air India free-meals as losses swell Can a cousin be an ‘independent’ director? Sebi clarifies Why Indian manufacturers may want the rupee to hit 100 Melting mountains: Can India defuse 189 looming flood risks in Himalayas? 5 mid-cap stocks from different sectors with an upside potential of 13 to 24% in one year, according to analysts 1 2 3

**Countries:** India

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/news/india/gujarat-unveils-ultra-mega-industries-in-revolutionary-new-industrial-policy/articleshow/131635219.cms)

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