projectindustrialbuzz.com

India Boosts Semiconductor Manufacturing with Four New Approved Fabs.

India approves four new semiconductor fabs under ISM including SiC advanced packaging, and discrete chip plants in Odisha, Punjab & Andhra Pradesh. Total investment: ₹1.6 lakh crore creating thousands of jobs.

New Delhi : In a major push for India’s semiconductor self-reliance the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved four new semiconductor manufacturing projects under the India Semiconductor Mission (ISM). With six projects already in progress, this takes the total to ten semiconductor initiatives attracting ₹1.60 lakh crore in investments and generating thousands of high-skilled jobs.

Key Highlights of the New Semiconductor Projects

1. SiCSem Private Limited – India’s First SiC Fab in Odisha

2. 3D Glass Solutions Inc. – Advanced Packaging Unit in Odisha

3. ASIP Technologies – Semiconductor Fab in Andhra Pradesh

4. CDIL – Brownfield Expansion in Punjab


Why This is a Game-Changer for India?

✅ Reduces Import Dependency – Strengthens domestic chip manufacturing
✅ Boosts High-Tech Employment – 2,000+ direct jobs, thousands more indirect
✅ Supports Key Industries – EVs, defense, telecom, AI, consumer electronics
✅ Strengthens Global Supply Chains – Positions India as a semiconductor hub


India’s Semiconductor Ecosystem Growth

🔹 278 Academic Institutions & 72 Startups – Supported under chip design initiatives
🔹 60,000+ Students Trained – Skilling workforce for semiconductor industry
🔹 Six States Hosting Fabs – Odisha, Punjab, Andhra Pradesh, Gujarat, Karnataka, Tamil Nadu


Exit mobile version