Cabinet approves two new semiconductor units worth Rs 3,936 crore under India Semiconductor Mission

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved two more semiconductor projects under the India Semiconductor Mission (ISM), the country’s first commercial Mini/Micro-LED display facility based on Gallium Nitride (GaN) technology, and a semiconductor packaging unit. Both facilities will come up in Gujarat.

The two approved units, Crystal Matrix Limited (CML) and Suchi Semicon Private Limited (SSPL), will together draw a cumulative investment of around Rs 3,936 crore and are expected to generate employment for 2,230 skilled professionals.