The Union Cabinet has cleared the final two semiconductor units under the first phase of the government's semiconductor mission, with an investment of ₹3,936 crore.
The projects will be funded under the ₹76,000 crore outlay earmarked for the India Semiconductor Mission 1.0, introduced in 2022.
Both facilities, announced by IT Minister Ashwini Vaishnaw, will be set up in Gujarat.
With these approvals, the government has completed the initial slate of projects under ISM 1.0, taking the total to 12 units and cumulative investments of ₹1.65 lakh crore, Vaishnaw said.
The government is now preparing to roll out the next phase, ISM 2.0, which is expected to have an outlay of over ₹1 lakh crore.
The ₹3,068 crore Crystal Matrix facility will manufacture gallium nitride (GaN) wafers used in Mini and MicroLED displays, along with advanced packaging (ATMP).
