The future belongs to the semiconductor industry because semiconductors are used in a wide range of applications. If India wants to become a developed nation by 2047, then investing in the semiconductor sector is essential for the country.
Semiconductors are used in consumer electronics, computing, automotive systems, home appliances, telecommunications, and medical equipment.
Under this mission, the Government of India has approved two new semiconductor projects, with an investment of more than ₹3,900 crore. These approvals have come at a time when India is witnessing rapid growth in semiconductor manufacturing and design. This decision is expected to significantly strengthen India’s semiconductor ecosystem and provide a major boost to the sector. pleted, these projects will significantly strengthen India’s chip manufacturing capabilities.
These projects include a commercial mini/micro-LED display unit and a large semiconductor packaging unit.
Under the India Semiconductor Mission (ISM), both approved projects will be set up in Gujarat. These units are expected to create employment for more than 2,000 people.
With these approvals, the total number of sanctioned semiconductor projects in India has now reached 12.
In these 12 units, the total investment by the Government of India has now reached up to ₹1.64 lakh crore.
This project is being developed by Crystal Matrix Limited (CML). An integrated compound semiconductor fabrication and assembly unit will be set up in Dholera.
The facility will focus on manufacturing mini- and micro-LED display modules using Gallium Nitride (GaN) technology. At present, such a unit does not exist in India.
This will be the country’s first commercial-scale unit in this sector.
The second project will be developed by Suchi Semicon Private Limited (SSPL). It will establish an Outsourced Semiconductor Assembly and Test (OSAT) unit in Surat.
These units will manufacture different semiconductor components, with a production capacity of more than 1,033 million chips per year.
These sectors will cater to the needs of key industries such as consumer electronics, computing, automotive systems, home appliances, telecommunications, and medical equipment.
These approvals have come at a time when India is witnessing rapid growth in semiconductor manufacturing and design. This decision is expected to significantly strengthen India’s semiconductor ecosystem and provide a major boost to the sector.
Earlier approved projects are now in the advanced stage of implementation, and both of these new projects are also expected to begin very soon as part of the Government of India’s plan.
The Government is also placing strong emphasis on design along with manufacturing. To build a strong chip design ecosystem, support has been provided to around 300 academic institutions and more than 100 startups.
Overall, India aims to become self-reliant in semiconductor manufacturing and design, and a strong focus is being placed on this sector. This is expected to generate a large number of jobs, as the future clearly belongs to semiconductors.
