\n<\/p>\n
Last Updated:<\/span>August 12, 2025, 17:08 IST<\/time><\/p>\nThe Union Cabinet, led by PM Modi, approved four semiconductor projects worth Rs 4,600 crore, creating 2,034 jobs.<\/h2>\n\n\n\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/p>\nIndia approves four new semiconductor projects.<\/p>\n<\/figure>\nThe Union Cabinet, chaired by Prime Minister Narendra Modi, has approved four new semiconductor projects under the India Semiconductor Mission (ISM), marking another milestone in India\u2019s bid to build a robust chip-making ecosystem.<\/span><\/p>\nThe fresh approvals, worth a cumulative Rs 4,600 crore, are expected to create 2,034 skilled jobs directly and many more indirectly. With this, the total number of projects approved under ISM rises to 10, with total planned investments of about Rs 1.60 lakh crore spread across six states.<\/span><\/p>\nThe newly approved proposals are from <\/span>SiCSem<\/span>, 3D Glass Solutions Inc., Continental Device India Private Limited (CDIL), and Advanced System in Package (ASIP) Technologies. <\/span>SiCSem<\/span> and 3D Glass will set up facilities in Odisha, CDIL will expand in Punjab, and ASIP will set up operations in Andhra Pradesh.<\/span><\/p>\nSiCSem<\/span>, in collaboration with UK\u2019s <\/span>Clas-SiC<\/span> Wafer Fab Ltd., will establish India\u2019s first commercial compound semiconductor fab in Bhubaneshwar with a capacity of 60,000 wafers and 96 million packaged units annually. The devices will cater to sectors such as <\/span>defence<\/span>, EVs, railways, data <\/span>centres<\/span>, and renewable energy.<\/span><\/p>\n3D Glass Solutions will also set up a unit in Bhubaneshwar to bring advanced packaging technology, producing glass interposers, silicon bridges, and 3D Heterogeneous Integration modules for high-performance computing, AI, photonics, and <\/span>defence<\/span> applications.<\/span><\/p>\n\n\nSemiconductor manufacturing comes to AP, driven by a double engine sarkar! I am grateful to the Hon\u2019ble Prime Minister @narendramodi<\/a> ji for sanctioning a semiconductor manufacturing facility to AP as part of a Rs. 4,600 crore budgetary allocation. Advanced System in Package\u2026 pic.twitter.com\/WEiHXg8Uce<\/a>\u2014 Lokesh Nara (@naralokesh) August 12, 2025<\/a><\/p>\n<\/blockquote>\n<\/div>\nASIP Technologies, in tie-up with South Korea\u2019s APACT Co. Ltd., will set up a semiconductor packaging facility in Andhra Pradesh with an annual capacity of 96 million units for use in mobile devices, automobiles, and consumer electronics.<\/span><\/p>\nCDIL will expand its Mohali plant to manufacture high-power devices such as MOSFETs, IGBTs, and Schottky diodes, with an annual capacity of over 158 million units.<\/span><\/p>\nWith the approval of these projects, semiconductor ecosystem in country would get significant boost as these projects include country\u2019s first commercial compound fab as well as highly advanced glass-based substrate semiconductor packaging unit.<\/p>\nThese would complement the growing world class chip design capabilities coming up in the country which are propelled by design infrastructure support provided by Government to 278 academic institutions and 72 start-ups.<\/p>\n\n\n<\/p>\n<\/figure>\n<\/span><\/p>\nBusiness Desk<\/a><\/p>\nA team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More<\/span><\/p>\n<\/div>\n<\/div>\nA team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More<\/span><\/p>\n<\/div>\n<\/div>\nStay updated with all the latest business news, including\u00a0market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates\u2014only on News18. Also\u00a0Download the\u00a0News18 App<\/a>\u00a0to stay updated!<\/span><\/div>\nview comments<\/span><\/p>\nNews<\/a> business<\/a> \u00bb economy<\/a> Cabinet Approves Four New Semiconductor Projects Worth Rs 4,600 Crore; 2,034 New\u00a0Jobs\u00a0Expected<\/span><\/div>\n\n\nDisclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use<\/a> and Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\nRead More<\/span><\/p>\n<\/div>\n
India approves four new semiconductor projects.<\/p>\n<\/figure>\n
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved four new semiconductor projects under the India Semiconductor Mission (ISM), marking another milestone in India\u2019s bid to build a robust chip-making ecosystem.<\/span><\/p>\nThe fresh approvals, worth a cumulative Rs 4,600 crore, are expected to create 2,034 skilled jobs directly and many more indirectly. With this, the total number of projects approved under ISM rises to 10, with total planned investments of about Rs 1.60 lakh crore spread across six states.<\/span><\/p>\nThe newly approved proposals are from <\/span>SiCSem<\/span>, 3D Glass Solutions Inc., Continental Device India Private Limited (CDIL), and Advanced System in Package (ASIP) Technologies. <\/span>SiCSem<\/span> and 3D Glass will set up facilities in Odisha, CDIL will expand in Punjab, and ASIP will set up operations in Andhra Pradesh.<\/span><\/p>\nSiCSem<\/span>, in collaboration with UK\u2019s <\/span>Clas-SiC<\/span> Wafer Fab Ltd., will establish India\u2019s first commercial compound semiconductor fab in Bhubaneshwar with a capacity of 60,000 wafers and 96 million packaged units annually. The devices will cater to sectors such as <\/span>defence<\/span>, EVs, railways, data <\/span>centres<\/span>, and renewable energy.<\/span><\/p>\n3D Glass Solutions will also set up a unit in Bhubaneshwar to bring advanced packaging technology, producing glass interposers, silicon bridges, and 3D Heterogeneous Integration modules for high-performance computing, AI, photonics, and <\/span>defence<\/span> applications.<\/span><\/p>\n\n\nSemiconductor manufacturing comes to AP, driven by a double engine sarkar! I am grateful to the Hon\u2019ble Prime Minister @narendramodi<\/a> ji for sanctioning a semiconductor manufacturing facility to AP as part of a Rs. 4,600 crore budgetary allocation. Advanced System in Package\u2026 pic.twitter.com\/WEiHXg8Uce<\/a>\u2014 Lokesh Nara (@naralokesh) August 12, 2025<\/a><\/p>\n<\/blockquote>\n<\/div>\nASIP Technologies, in tie-up with South Korea\u2019s APACT Co. Ltd., will set up a semiconductor packaging facility in Andhra Pradesh with an annual capacity of 96 million units for use in mobile devices, automobiles, and consumer electronics.<\/span><\/p>\nCDIL will expand its Mohali plant to manufacture high-power devices such as MOSFETs, IGBTs, and Schottky diodes, with an annual capacity of over 158 million units.<\/span><\/p>\nWith the approval of these projects, semiconductor ecosystem in country would get significant boost as these projects include country\u2019s first commercial compound fab as well as highly advanced glass-based substrate semiconductor packaging unit.<\/p>\nThese would complement the growing world class chip design capabilities coming up in the country which are propelled by design infrastructure support provided by Government to 278 academic institutions and 72 start-ups.<\/p>\n\n\n<\/p>\n<\/figure>\n<\/span><\/p>\nBusiness Desk<\/a><\/p>\nA team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More<\/span><\/p>\n<\/div>\n<\/div>\nA team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More<\/span><\/p>\n<\/div>\n<\/div>\nStay updated with all the latest business news, including\u00a0market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates\u2014only on News18. Also\u00a0Download the\u00a0News18 App<\/a>\u00a0to stay updated!<\/span><\/div>\nview comments<\/span><\/p>\nNews<\/a> business<\/a> \u00bb economy<\/a> Cabinet Approves Four New Semiconductor Projects Worth Rs 4,600 Crore; 2,034 New\u00a0Jobs\u00a0Expected<\/span><\/div>\n\n\nDisclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use<\/a> and Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\nRead More<\/span><\/p>\n<\/div>\n
The fresh approvals, worth a cumulative Rs 4,600 crore, are expected to create 2,034 skilled jobs directly and many more indirectly. With this, the total number of projects approved under ISM rises to 10, with total planned investments of about Rs 1.60 lakh crore spread across six states.<\/span><\/p>\nThe newly approved proposals are from <\/span>SiCSem<\/span>, 3D Glass Solutions Inc., Continental Device India Private Limited (CDIL), and Advanced System in Package (ASIP) Technologies. <\/span>SiCSem<\/span> and 3D Glass will set up facilities in Odisha, CDIL will expand in Punjab, and ASIP will set up operations in Andhra Pradesh.<\/span><\/p>\nSiCSem<\/span>, in collaboration with UK\u2019s <\/span>Clas-SiC<\/span> Wafer Fab Ltd., will establish India\u2019s first commercial compound semiconductor fab in Bhubaneshwar with a capacity of 60,000 wafers and 96 million packaged units annually. The devices will cater to sectors such as <\/span>defence<\/span>, EVs, railways, data <\/span>centres<\/span>, and renewable energy.<\/span><\/p>\n3D Glass Solutions will also set up a unit in Bhubaneshwar to bring advanced packaging technology, producing glass interposers, silicon bridges, and 3D Heterogeneous Integration modules for high-performance computing, AI, photonics, and <\/span>defence<\/span> applications.<\/span><\/p>\n\n\nSemiconductor manufacturing comes to AP, driven by a double engine sarkar! I am grateful to the Hon\u2019ble Prime Minister @narendramodi<\/a> ji for sanctioning a semiconductor manufacturing facility to AP as part of a Rs. 4,600 crore budgetary allocation. Advanced System in Package\u2026 pic.twitter.com\/WEiHXg8Uce<\/a>\u2014 Lokesh Nara (@naralokesh) August 12, 2025<\/a><\/p>\n<\/blockquote>\n<\/div>\nASIP Technologies, in tie-up with South Korea\u2019s APACT Co. Ltd., will set up a semiconductor packaging facility in Andhra Pradesh with an annual capacity of 96 million units for use in mobile devices, automobiles, and consumer electronics.<\/span><\/p>\nCDIL will expand its Mohali plant to manufacture high-power devices such as MOSFETs, IGBTs, and Schottky diodes, with an annual capacity of over 158 million units.<\/span><\/p>\nWith the approval of these projects, semiconductor ecosystem in country would get significant boost as these projects include country\u2019s first commercial compound fab as well as highly advanced glass-based substrate semiconductor packaging unit.<\/p>\nThese would complement the growing world class chip design capabilities coming up in the country which are propelled by design infrastructure support provided by Government to 278 academic institutions and 72 start-ups.<\/p>\n\n\n<\/p>\n<\/figure>\n<\/span><\/p>\nBusiness Desk<\/a><\/p>\nA team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More<\/span><\/p>\n<\/div>\n<\/div>\nA team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More<\/span><\/p>\n<\/div>\n<\/div>\nStay updated with all the latest business news, including\u00a0market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates\u2014only on News18. Also\u00a0Download the\u00a0News18 App<\/a>\u00a0to stay updated!<\/span><\/div>\nview comments<\/span><\/p>\nNews<\/a> business<\/a> \u00bb economy<\/a> Cabinet Approves Four New Semiconductor Projects Worth Rs 4,600 Crore; 2,034 New\u00a0Jobs\u00a0Expected<\/span><\/div>\n\n\nDisclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use<\/a> and Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\nRead More<\/span><\/p>\n<\/div>\n
The newly approved proposals are from <\/span>SiCSem<\/span>, 3D Glass Solutions Inc., Continental Device India Private Limited (CDIL), and Advanced System in Package (ASIP) Technologies. <\/span>SiCSem<\/span> and 3D Glass will set up facilities in Odisha, CDIL will expand in Punjab, and ASIP will set up operations in Andhra Pradesh.<\/span><\/p>\nSiCSem<\/span>, in collaboration with UK\u2019s <\/span>Clas-SiC<\/span> Wafer Fab Ltd., will establish India\u2019s first commercial compound semiconductor fab in Bhubaneshwar with a capacity of 60,000 wafers and 96 million packaged units annually. The devices will cater to sectors such as <\/span>defence<\/span>, EVs, railways, data <\/span>centres<\/span>, and renewable energy.<\/span><\/p>\n3D Glass Solutions will also set up a unit in Bhubaneshwar to bring advanced packaging technology, producing glass interposers, silicon bridges, and 3D Heterogeneous Integration modules for high-performance computing, AI, photonics, and <\/span>defence<\/span> applications.<\/span><\/p>\n\n\nSemiconductor manufacturing comes to AP, driven by a double engine sarkar! I am grateful to the Hon\u2019ble Prime Minister @narendramodi<\/a> ji for sanctioning a semiconductor manufacturing facility to AP as part of a Rs. 4,600 crore budgetary allocation. Advanced System in Package\u2026 pic.twitter.com\/WEiHXg8Uce<\/a>\u2014 Lokesh Nara (@naralokesh) August 12, 2025<\/a><\/p>\n<\/blockquote>\n<\/div>\nASIP Technologies, in tie-up with South Korea\u2019s APACT Co. Ltd., will set up a semiconductor packaging facility in Andhra Pradesh with an annual capacity of 96 million units for use in mobile devices, automobiles, and consumer electronics.<\/span><\/p>\nCDIL will expand its Mohali plant to manufacture high-power devices such as MOSFETs, IGBTs, and Schottky diodes, with an annual capacity of over 158 million units.<\/span><\/p>\nWith the approval of these projects, semiconductor ecosystem in country would get significant boost as these projects include country\u2019s first commercial compound fab as well as highly advanced glass-based substrate semiconductor packaging unit.<\/p>\nThese would complement the growing world class chip design capabilities coming up in the country which are propelled by design infrastructure support provided by Government to 278 academic institutions and 72 start-ups.<\/p>\n\n\n<\/p>\n<\/figure>\n<\/span><\/p>\nBusiness Desk<\/a><\/p>\nA team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More<\/span><\/p>\n<\/div>\n<\/div>\nA team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More<\/span><\/p>\n<\/div>\n<\/div>\nStay updated with all the latest business news, including\u00a0market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates\u2014only on News18. Also\u00a0Download the\u00a0News18 App<\/a>\u00a0to stay updated!<\/span><\/div>\nview comments<\/span><\/p>\nNews<\/a> business<\/a> \u00bb economy<\/a> Cabinet Approves Four New Semiconductor Projects Worth Rs 4,600 Crore; 2,034 New\u00a0Jobs\u00a0Expected<\/span><\/div>\n\n\nDisclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use<\/a> and Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\nRead More<\/span><\/p>\n<\/div>\n
SiCSem<\/span>, in collaboration with UK\u2019s <\/span>Clas-SiC<\/span> Wafer Fab Ltd., will establish India\u2019s first commercial compound semiconductor fab in Bhubaneshwar with a capacity of 60,000 wafers and 96 million packaged units annually. The devices will cater to sectors such as <\/span>defence<\/span>, EVs, railways, data <\/span>centres<\/span>, and renewable energy.<\/span><\/p>\n3D Glass Solutions will also set up a unit in Bhubaneshwar to bring advanced packaging technology, producing glass interposers, silicon bridges, and 3D Heterogeneous Integration modules for high-performance computing, AI, photonics, and <\/span>defence<\/span> applications.<\/span><\/p>\n\n\nSemiconductor manufacturing comes to AP, driven by a double engine sarkar! I am grateful to the Hon\u2019ble Prime Minister @narendramodi<\/a> ji for sanctioning a semiconductor manufacturing facility to AP as part of a Rs. 4,600 crore budgetary allocation. Advanced System in Package\u2026 pic.twitter.com\/WEiHXg8Uce<\/a>\u2014 Lokesh Nara (@naralokesh) August 12, 2025<\/a><\/p>\n<\/blockquote>\n<\/div>\nASIP Technologies, in tie-up with South Korea\u2019s APACT Co. Ltd., will set up a semiconductor packaging facility in Andhra Pradesh with an annual capacity of 96 million units for use in mobile devices, automobiles, and consumer electronics.<\/span><\/p>\nCDIL will expand its Mohali plant to manufacture high-power devices such as MOSFETs, IGBTs, and Schottky diodes, with an annual capacity of over 158 million units.<\/span><\/p>\nWith the approval of these projects, semiconductor ecosystem in country would get significant boost as these projects include country\u2019s first commercial compound fab as well as highly advanced glass-based substrate semiconductor packaging unit.<\/p>\nThese would complement the growing world class chip design capabilities coming up in the country which are propelled by design infrastructure support provided by Government to 278 academic institutions and 72 start-ups.<\/p>\n\n\n<\/p>\n<\/figure>\n<\/span><\/p>\nBusiness Desk<\/a><\/p>\nA team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More<\/span><\/p>\n<\/div>\n<\/div>\nA team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More<\/span><\/p>\n<\/div>\n<\/div>\nStay updated with all the latest business news, including\u00a0market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates\u2014only on News18. Also\u00a0Download the\u00a0News18 App<\/a>\u00a0to stay updated!<\/span><\/div>\nview comments<\/span><\/p>\nNews<\/a> business<\/a> \u00bb economy<\/a> Cabinet Approves Four New Semiconductor Projects Worth Rs 4,600 Crore; 2,034 New\u00a0Jobs\u00a0Expected<\/span><\/div>\n\n\nDisclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use<\/a> and Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\nRead More<\/span><\/p>\n<\/div>\n
3D Glass Solutions will also set up a unit in Bhubaneshwar to bring advanced packaging technology, producing glass interposers, silicon bridges, and 3D Heterogeneous Integration modules for high-performance computing, AI, photonics, and <\/span>defence<\/span> applications.<\/span><\/p>\n\n\nSemiconductor manufacturing comes to AP, driven by a double engine sarkar! I am grateful to the Hon\u2019ble Prime Minister @narendramodi<\/a> ji for sanctioning a semiconductor manufacturing facility to AP as part of a Rs. 4,600 crore budgetary allocation. Advanced System in Package\u2026 pic.twitter.com\/WEiHXg8Uce<\/a>\u2014 Lokesh Nara (@naralokesh) August 12, 2025<\/a><\/p>\n<\/blockquote>\n<\/div>\nASIP Technologies, in tie-up with South Korea\u2019s APACT Co. Ltd., will set up a semiconductor packaging facility in Andhra Pradesh with an annual capacity of 96 million units for use in mobile devices, automobiles, and consumer electronics.<\/span><\/p>\nCDIL will expand its Mohali plant to manufacture high-power devices such as MOSFETs, IGBTs, and Schottky diodes, with an annual capacity of over 158 million units.<\/span><\/p>\nWith the approval of these projects, semiconductor ecosystem in country would get significant boost as these projects include country\u2019s first commercial compound fab as well as highly advanced glass-based substrate semiconductor packaging unit.<\/p>\nThese would complement the growing world class chip design capabilities coming up in the country which are propelled by design infrastructure support provided by Government to 278 academic institutions and 72 start-ups.<\/p>\n\n\n<\/p>\n<\/figure>\n<\/span><\/p>\nBusiness Desk<\/a><\/p>\nA team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More<\/span><\/p>\n<\/div>\n<\/div>\nA team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More<\/span><\/p>\n<\/div>\n<\/div>\nStay updated with all the latest business news, including\u00a0market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates\u2014only on News18. Also\u00a0Download the\u00a0News18 App<\/a>\u00a0to stay updated!<\/span><\/div>\nview comments<\/span><\/p>\nNews<\/a> business<\/a> \u00bb economy<\/a> Cabinet Approves Four New Semiconductor Projects Worth Rs 4,600 Crore; 2,034 New\u00a0Jobs\u00a0Expected<\/span><\/div>\n\n\nDisclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use<\/a> and Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\nRead More<\/span><\/p>\n<\/div>\n
\nSemiconductor manufacturing comes to AP, driven by a double engine sarkar! I am grateful to the Hon\u2019ble Prime Minister @narendramodi<\/a> ji for sanctioning a semiconductor manufacturing facility to AP as part of a Rs. 4,600 crore budgetary allocation. Advanced System in Package\u2026 pic.twitter.com\/WEiHXg8Uce<\/a>\u2014 Lokesh Nara (@naralokesh) August 12, 2025<\/a><\/p>\n<\/blockquote>\n<\/div>\nASIP Technologies, in tie-up with South Korea\u2019s APACT Co. Ltd., will set up a semiconductor packaging facility in Andhra Pradesh with an annual capacity of 96 million units for use in mobile devices, automobiles, and consumer electronics.<\/span><\/p>\nCDIL will expand its Mohali plant to manufacture high-power devices such as MOSFETs, IGBTs, and Schottky diodes, with an annual capacity of over 158 million units.<\/span><\/p>\nWith the approval of these projects, semiconductor ecosystem in country would get significant boost as these projects include country\u2019s first commercial compound fab as well as highly advanced glass-based substrate semiconductor packaging unit.<\/p>\nThese would complement the growing world class chip design capabilities coming up in the country which are propelled by design infrastructure support provided by Government to 278 academic institutions and 72 start-ups.<\/p>\n\n\n<\/p>\n<\/figure>\n<\/span><\/p>\nBusiness Desk<\/a><\/p>\nA team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More<\/span><\/p>\n<\/div>\n<\/div>\nA team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More<\/span><\/p>\n<\/div>\n<\/div>\nStay updated with all the latest business news, including\u00a0market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates\u2014only on News18. Also\u00a0Download the\u00a0News18 App<\/a>\u00a0to stay updated!<\/span><\/div>\nview comments<\/span><\/p>\nNews<\/a> business<\/a> \u00bb economy<\/a> Cabinet Approves Four New Semiconductor Projects Worth Rs 4,600 Crore; 2,034 New\u00a0Jobs\u00a0Expected<\/span><\/div>\n\n\nDisclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use<\/a> and Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\nRead More<\/span><\/p>\n<\/div>\n
Semiconductor manufacturing comes to AP, driven by a double engine sarkar! I am grateful to the Hon\u2019ble Prime Minister @narendramodi<\/a> ji for sanctioning a semiconductor manufacturing facility to AP as part of a Rs. 4,600 crore budgetary allocation. Advanced System in Package\u2026 pic.twitter.com\/WEiHXg8Uce<\/a>\u2014 Lokesh Nara (@naralokesh) August 12, 2025<\/a><\/p>\n<\/blockquote>\n<\/div>\nASIP Technologies, in tie-up with South Korea\u2019s APACT Co. Ltd., will set up a semiconductor packaging facility in Andhra Pradesh with an annual capacity of 96 million units for use in mobile devices, automobiles, and consumer electronics.<\/span><\/p>\nCDIL will expand its Mohali plant to manufacture high-power devices such as MOSFETs, IGBTs, and Schottky diodes, with an annual capacity of over 158 million units.<\/span><\/p>\nWith the approval of these projects, semiconductor ecosystem in country would get significant boost as these projects include country\u2019s first commercial compound fab as well as highly advanced glass-based substrate semiconductor packaging unit.<\/p>\nThese would complement the growing world class chip design capabilities coming up in the country which are propelled by design infrastructure support provided by Government to 278 academic institutions and 72 start-ups.<\/p>\n\n\n<\/p>\n<\/figure>\n<\/span><\/p>\nBusiness Desk<\/a><\/p>\nA team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More<\/span><\/p>\n<\/div>\n<\/div>\nA team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More<\/span><\/p>\n<\/div>\n<\/div>\nStay updated with all the latest business news, including\u00a0market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates\u2014only on News18. Also\u00a0Download the\u00a0News18 App<\/a>\u00a0to stay updated!<\/span><\/div>\nview comments<\/span><\/p>\nNews<\/a> business<\/a> \u00bb economy<\/a> Cabinet Approves Four New Semiconductor Projects Worth Rs 4,600 Crore; 2,034 New\u00a0Jobs\u00a0Expected<\/span><\/div>\n\n\nDisclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use<\/a> and Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\nRead More<\/span><\/p>\n<\/div>\n
ASIP Technologies, in tie-up with South Korea\u2019s APACT Co. Ltd., will set up a semiconductor packaging facility in Andhra Pradesh with an annual capacity of 96 million units for use in mobile devices, automobiles, and consumer electronics.<\/span><\/p>\nCDIL will expand its Mohali plant to manufacture high-power devices such as MOSFETs, IGBTs, and Schottky diodes, with an annual capacity of over 158 million units.<\/span><\/p>\nWith the approval of these projects, semiconductor ecosystem in country would get significant boost as these projects include country\u2019s first commercial compound fab as well as highly advanced glass-based substrate semiconductor packaging unit.<\/p>\nThese would complement the growing world class chip design capabilities coming up in the country which are propelled by design infrastructure support provided by Government to 278 academic institutions and 72 start-ups.<\/p>\n\n\n<\/p>\n<\/figure>\n<\/span><\/p>\nBusiness Desk<\/a><\/p>\nA team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More<\/span><\/p>\n<\/div>\n<\/div>\nA team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More<\/span><\/p>\n<\/div>\n<\/div>\nStay updated with all the latest business news, including\u00a0market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates\u2014only on News18. Also\u00a0Download the\u00a0News18 App<\/a>\u00a0to stay updated!<\/span><\/div>\nview comments<\/span><\/p>\nNews<\/a> business<\/a> \u00bb economy<\/a> Cabinet Approves Four New Semiconductor Projects Worth Rs 4,600 Crore; 2,034 New\u00a0Jobs\u00a0Expected<\/span><\/div>\n\n\nDisclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use<\/a> and Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\nRead More<\/span><\/p>\n<\/div>\n
CDIL will expand its Mohali plant to manufacture high-power devices such as MOSFETs, IGBTs, and Schottky diodes, with an annual capacity of over 158 million units.<\/span><\/p>\nWith the approval of these projects, semiconductor ecosystem in country would get significant boost as these projects include country\u2019s first commercial compound fab as well as highly advanced glass-based substrate semiconductor packaging unit.<\/p>\nThese would complement the growing world class chip design capabilities coming up in the country which are propelled by design infrastructure support provided by Government to 278 academic institutions and 72 start-ups.<\/p>\n\n\n<\/p>\n<\/figure>\n<\/span><\/p>\nBusiness Desk<\/a><\/p>\nA team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More<\/span><\/p>\n<\/div>\n<\/div>\nA team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More<\/span><\/p>\n<\/div>\n<\/div>\nStay updated with all the latest business news, including\u00a0market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates\u2014only on News18. Also\u00a0Download the\u00a0News18 App<\/a>\u00a0to stay updated!<\/span><\/div>\nview comments<\/span><\/p>\nNews<\/a> business<\/a> \u00bb economy<\/a> Cabinet Approves Four New Semiconductor Projects Worth Rs 4,600 Crore; 2,034 New\u00a0Jobs\u00a0Expected<\/span><\/div>\n\n\nDisclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use<\/a> and Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\nRead More<\/span><\/p>\n<\/div>\n
With the approval of these projects, semiconductor ecosystem in country would get significant boost as these projects include country\u2019s first commercial compound fab as well as highly advanced glass-based substrate semiconductor packaging unit.<\/p>\n
These would complement the growing world class chip design capabilities coming up in the country which are propelled by design infrastructure support provided by Government to 278 academic institutions and 72 start-ups.<\/p>\n
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A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More<\/span><\/p>\n<\/div>\n<\/div>\nA team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More<\/span><\/p>\n<\/div>\n<\/div>\nStay updated with all the latest business news, including\u00a0market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates\u2014only on News18. Also\u00a0Download the\u00a0News18 App<\/a>\u00a0to stay updated!<\/span><\/div>\nview comments<\/span><\/p>\nNews<\/a> business<\/a> \u00bb economy<\/a> Cabinet Approves Four New Semiconductor Projects Worth Rs 4,600 Crore; 2,034 New\u00a0Jobs\u00a0Expected<\/span><\/div>\n\n\nDisclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use<\/a> and Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\nRead More<\/span><\/p>\n<\/div>\n
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More<\/span><\/p>\n<\/div>\n<\/div>\nStay updated with all the latest business news, including\u00a0market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates\u2014only on News18. Also\u00a0Download the\u00a0News18 App<\/a>\u00a0to stay updated!<\/span><\/div>\nview comments<\/span><\/p>\nNews<\/a> business<\/a> \u00bb economy<\/a> Cabinet Approves Four New Semiconductor Projects Worth Rs 4,600 Crore; 2,034 New\u00a0Jobs\u00a0Expected<\/span><\/div>\n\n\nDisclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use<\/a> and Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\nRead More<\/span><\/p>\n<\/div>\n
view comments<\/span><\/p>\nNews<\/a> business<\/a> \u00bb economy<\/a> Cabinet Approves Four New Semiconductor Projects Worth Rs 4,600 Crore; 2,034 New\u00a0Jobs\u00a0Expected<\/span><\/div>\n\n\nDisclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use<\/a> and Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\nRead More<\/span><\/p>\n<\/div>\n
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