en.Wedoany.com Reported - The Indian Union Cabinet recently approved two new semiconductor manufacturing projects under the India Semiconductor Mission (ISM), with a total investment of approximately INR 39.36 billion, expected to create employment opportunities for 2,230 professionals. The approved projects include an OSAT facility to be established by Suchi Semicon Private Limited (SSPL) in Surat, and a compound semiconductor and Mini/Micro-LED display manufacturing facility to be established by Crystal Matrix Limited (CML) in Dholera.
Suchi Semicon's OSAT facility, with an investment of INR 8.68 billion, will produce lead-frame and wire-bond packaged semiconductors with an annual capacity of 1.0332 billion chips, primarily for applications in air conditioners, televisions, mobile phones, electric vehicles, and other fields, directly creating 630 jobs. Crystal Matrix's project focuses on compound semiconductors and GaN technology, building a Mini/Micro-LED display module integration facility with an annual capacity of 72,000 square meters of display panels and 24,000 sets of RGB wafers, covering products such as televisions, automotive displays, and XR glasses, while also providing GaN foundry services.
With the approval of these two projects, the total number of approved projects under the ISM has increased to 12, with cumulative investments of approximately INR 1.64 trillion. India's Ministry of Electronics and Information Technology stated that 10 projects have entered the execution phase, with two already commencing commercial shipments. These initiatives will enhance India's semiconductor manufacturing capabilities and complement its advanced chip design ecosystem, where the government has currently supported 315 academic institutions and 104 startups in developing design infrastructure.
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