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.

India Boosts Semiconductor Footprint: Rs 3,900 Crore Investment in Gujarat
Union Minister Ashwini Vaishnaw (Photo/PIB). Image Credit: ANI
  • Country:
  • India

In a significant stride for India's semiconductor landscape, the Union Cabinet on Tuesday endorsed two crucial semiconductor manufacturing ventures, marking an investment surpassing Rs 3,900 crore. These initiatives mark the completion of the India Semiconductor Mission (ISM) 1.0 and include the nation's premiere commercial Mini/Micro-LED display production setting employing GaN technology and a semiconductor packaging hub in Gujarat.

Addressing the media on the Cabinet's resolution, Information and Broadcasting Minister Ashwini Vaishnaw highlighted that the ISM 1.0 initiative, launched in 2022, has brought these breakthrough projects. The approved proposals entail advanced semiconductor facilities in Gujarat, slated to create over 2,230 skilled employment opportunities. A noteworthy project is the Outsourced Semiconductor Assembly and Test (OSAT) facility in Surat, with a budget of Rs 868 crore.

Operated by Suchi Semicon Private Limited (SSPL), this OSAT facility will specialize in manufacturing Lead Frame and Wirebond Packaging semiconductors for a diverse range of electronic applications. The plant is projected to generate 1033.20 million semiconductor chips annually, enhancing sectors like automotive and consumer electronics. Crystal Matrix Limited (CML), meanwhile, will focus on semiconductor fabrication and innovative display solutions in Dholera, boosting the overall semiconductor ecosystem in India with significant momentum from government-supported infrastructure and emerging design capabilities.

Give Feedback