India Boosts Semiconductor Footprint: Rs 3,900 Crore Investment in Gujarat
The projects include an OSAT unit in Surat and a GaN display facility in Dholera, with government incentives covering about 50% of capex.
- On Tuesday, The Union Cabinet approved two new semiconductor plants in Gujarat, including one that could become the country's first commercial display facility.
- These approvals conclude the first iteration of the Rs 76,000 crore India Semiconductor Mission , bringing the total number of approved projects to 12.
- Suchi Semicon Pvt Ltd will build an Outsourced Semiconductor Assembly and Test facility in Surat for discrete semiconductors, while Crystal Matrix Ltd will establish an integrated fabrication plant in Dholera for Mini/Micro-LED modules.
- The SSPL project costs Rs 868 crore, with the government covering approximately 50% of capital expenditure; Prime Minister Narendra Modi said these advances will boost "economic transformation" and technological self-reliance.
- Upcoming ISM 2.0 plans will likely prioritize ancillary industries including gases and chemicals, with potential outlays of around $11 billion for the next scheme.
23 Articles
23 Articles
India Boosts Semiconductor Footprint: Rs 3,900 Crore Investment in Gujarat
The Union Cabinet approved two semiconductor manufacturing units under the India Semiconductor Mission, with a combined investment of over Rs 3,900 crore. The projects include a Mini/Micro-LED display facility and a semiconductor packaging unit in Gujarat, set to create over 2,200 jobs, enhancing India's semiconductor ecosystem.
Cabinet clears two chip plants worth Rs 3,936 crore under ISM; one could be India’s first commercial display facility
Crystal Matrix will set up a Rs 3,068 crore GaN-based semiconductor facility in Dholera, while Suchi Semicon will establish a Rs 868 crore OSAT unit in Surat, taking total India Semiconductor Mission approvals to 12 with investments of about Rs 1.64 lakh crore
Eye on China chips, Cabinet nod to Rs 3,936-crore semiconductor units in Gujarat
The Cabinet has approved two semiconductor manufacturing units in Gujarat under the India Semiconductor Mission. The move adds the country's first commercial GaN mini/micro-LED facility and takes the total project count to 12.
PM Modi hails cabinet's approval of 2 semiconductor units, Cotton Productivity Mission
New Delhi, May 5 (PTI) Prime Minister Narendra Modi on Tuesday hailed the approval of two semiconductor manufacturing units by the Union Cabinet and said India’s advances in the world of semiconductors will boost economic transformation, technological self-reliance and encourage the innovation ecosystem. Modi also complimented raising the Fair and Remunerative Price (FRP) for sugarcane. […]
Cabinet approves two more semiconductor manufacturing units in Gujarat with cumulative investment of over Rs 3,900 crore
The Union Cabinet on Tuesday approved two new semiconductor manufacturing units under India Semiconductor Mission (ISM), marking the last two projects of ISM 1.0 with a cumulative investment of over Rs 3,900 crore.
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