Semiconductor Manufacturing Units approved in ODISHA, PUNJAB and ANDHRA PRADESH

Momentum is building up in semiconductor ecosystem in India with the six approved projects already in various stages of execution. These four proposals approved today are from SiCSem, Continental Device India Private Limited (CDIL), 3D Glass Solutions Inc., and Advanced System in Package (ASIP) Technologies. These four approved proposals will setup semiconductor manufacturing facilities with cumulative investment of around Rs.4,600 crore and are expected to generate a cumulative employment for 2034 skilled professionals which would catalyse the electronic manufacturing ecosystem resulting in creation of many indirect jobs. With these four more approvals today, total approved projects under ISM reaches to 10 with cumulative investments of around Rs.1.60 lakh crore in 6 states.