India's semiconductor mission expands with 4 new projects
India's Union Cabinet just gave the green light to four new semiconductor manufacturing projects, aiming to ramp up local chip production and open up over 2,000 skilled jobs.
These latest approvals bring the India Semiconductor Mission (ISM) to a total of 10 projects across six states, with investments now topping ₹1.6 lakh crore.
New projects to boost local manufacturing and create skilled jobs
Two of the new projects will set up shop in Bhubaneswar, Odisha—one building India's first commercial compound semiconductor fab, and another focused on advanced chip packaging.
Andhra Pradesh will get a facility for mobile and automotive electronics (teaming up with a South Korean partner), while Punjab's Mohali sees an expansion in manufacturing.
It's all part of India's push to become a global chip hub and support the Atmanirbhar Bharat goal—creating a talent pool that will serve global industry.