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Last reviewed 11 August 2026
The Wire / The accounts / 2024
Happened 9 September 2024DURABLEPublished 11 August 2026Reviewed 11 August 2026

A Rs 136 crore state subsidy sits behind the fab's land, and it is the only allottee-specific money figure DICDL discloses

DICDL's 2023-24 accounts record Rs 136.47 crore receivable from the Gujarat State Electronics Mission as a land allotment subsidy in respect of the allotment to Semifab Private Limited, the company now called Tata Semiconductor Manufacturing.

Confirmed by an official document: a government release, a filing, or the company's own published statement.

This is unusually specific for a public document. Everywhere else the allottee lists are non-exhaustive and the acreages are pooled, but here a rupee figure is tied to a named allotment. It says that the state is paying part of the cost of putting the fab on that land, through its electronics mission under the Department of Science and Technology.

The accounts record it as receivable, meaning DICDL had not been paid at the balance sheet date. Whether it has been received since is not disclosed.

What the source itself says

The FY2023-24 accounts record Rs 13,646.74 lakh receivable from the Gujarat State Electronics Mission, Department of Science & Technology, as a land allotment subsidy in respect of the allotment to Semifab Private Limited, now Tata Semiconductor Manufacturing Private Limited.

Every figure on this page, with its source status. Source: DICDL 8th Annual Report 2023-24.
WhatFigureUnitAs ofStatus
GSEM land allotment subsidy receivable136.4674INR crore2024-03-31CONFIRMED
Whether it has been receivedUNKNOWNUNKNOWN

Last verified: 11 August 2026. Read the status column this way. CONFIRMED means the named document states the figure. REPORTED means a credible outlet states it and no document confirms it. TARGET means somebody is aiming at it. UNKNOWN means no source we hold gives it, and we would rather leave the row empty than fill it with an estimate.

What would move this onWhether the receivable is settled in the 2025-26 accounts.
Where this came fromDICDL 8th Annual Report 2023-24 (p.106)

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