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…
Latest India Semiconductor Mission News & Updates
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 …
New Delhi, April 21 (IANS) The government is preparing to roll out an expanded version of the India Semiconductor Mission ‘ISM 2.0’ likely by May, with a proposed outlay ranging between Rs 1 lakh crore and Rs 1.2 lakh crore.According to the NDTV Profit report, inter-ministerial consultations are currently underway, while the Ministry of Electronics and Information Technology (MeitY) is awaiting final approval from the Finance Ministry.The proposed allocation is significantly higher than the Rs 7…
New Delhi, April 19 (IANS) Chief Minister Rekha Gupta has announced the drafting of the ‘Delhi Semiconductor Policy’, aimed at positioning the capital as a key hub for semiconductor design, advanced research and development, and assembly and allied activities.Gupta said the initiative marks a step towards promoting high-value technology sectors in Delhi.The Chief Minister stated the policy is aligned with the vision of Prime Minister Narendra Modi for an Atmanirbhar Bharat and will ensure De…
New Delhi, April 17 (IANS) In a move aimed at boosting strategic cooperation in the semiconductor sector, the India Cellular and Electronics Association (ICEA), in partnership with the Singapore Semiconductor Industry Association, convened a high-level industry engagement in Singapore on Friday. The meeting brought together key stakeholders from India and Singapore to deepen collaboration across the semiconductor and electronics value chain.The engagement highlighted the complementary strengths …
New Delhi, April 1 (IANS) The government has adopted a structured and targeted policy for electronics manufacturing across the entire value chain including semiconductors and electronic goods production rose six times in a decade, an official statement said on Wednesday.India’s electronics manufacturing sector has expanded significantly over the past 11 years.The electronic goods production rose to about Rs 12 lakh crore in 2024‑25 from roughly Rs 1.9 lakh crore in 2014‑15. Exports of elec…
Sanand, March 31 (IANS) Prime Minister Narendra Modi on Tuesday said global crises in recent years have led to disruptions in supply chains, emphasising the need for secure and resilient systems in critical sectors such as semiconductors, energy and minerals. Addressing the gathering after Kaynes Semicon’s OSAT facility inauguration in Sanand, the Prime Minister said the 21st century has brought multiple challenges, including the pandemic and ongoing conflicts, which have impacted the flow of go…
Sanand, March 31 (IANS) Prime Minister Narendra Modi on Tuesday inaugurated the outsourced semiconductor assembly and test (OSAT) facility of Kaynes Semicon at Sanand in Gujarat, marking the start of commercial operations at the plant.According to officials, the Prime Minister inaugurated the facility during his visit to the state, where he also reviewed the plant’s infrastructure and ongoing operations.The Sanand unit has been set up with an investment of about Rs 3,300 crore and is designed …
Gandhinagar, March 30 (IANS) Prime Minister Narendra Modi will visit Gujarat on March 31 to inaugurate the Samrat Samprati Museum at Koba Tirth in Gandhinagar, and launch several significant development projects across the state, covering cultural, technological, and infrastructural milestones. Speaking ahead of his visit, the Prime Minister said in a post: “The Samrat Samprati Museum is a testament to the rich legacy of Jainism and India’s civilisational traditions. It will provide visit…
Jaipur, March 24 (IANS) Advancing on the path of technological progress and economic growth, the Rajasthan government, on Tuesday, unveiled the document for “Rajasthan Semiconductor Policy-2026”, government officials said. Recognising the semiconductor industry as the backbone of modern technology and a key driver of the global economy, the policy aims to significantly boost investment, generate employment, and promote skill development and technological innovation across the state, officials ad…