New Delhi, May 6 (IANS) Suchi Semicon on Wednesday said it is truly honoured and humbled by the Cabinet’s approval of its semiconductor project in Gujarat, with an outlay of around Rs 868 crore, and remains fully committed to this national mission.The Cabinet, under the leadership of Prime Minister Narendra Modi, has approval two new semiconductor projects — Crystal Matrix Limited and Suchi Semicon — with a combined investment of around Rs 3,936 crore, which are expected to generate employme…
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New Delhi, May 5 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved two new semiconductor projects under the India Semiconductor Mission (ISM), marking another step in India’s push to strengthen its domestic chip manufacturing ecosystem.The projects, which will be set up in Gujarat with a combined investment of around Rs 3,936 crore, are expected to generate employment for approximately 2,230 skilled professionals.The approvals include the country’s first …