Gujarat secures Rs 1.24 lakh crore for six massive semiconductor projects, to generate over 50,000 job opportunity

Gujarat has attracted investments worth Rs 1.24 lakh crore across six key semiconductor projects approved under the India Semiconductor Mission. Prime Minister Narendra Modi inaugurated an assembly and test facility in Sanand on Saturday — noting that the country was now building the entire electronics value chain from products and components to semiconductors. State government officials say the upcoming projects are expected to generate more than 50,000 direct and indirect jobs and significantly strengthen India’s efforts to build domestic semiconductor capabilities under the government’s ‘Make in India‘ and ‘Aatmanirbhar Bharat’ (self-reliant) initiatives.