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India expands semiconductor mission with Rs 4,600 cr projects
The Daily Guardian
|August 13, 2025
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved four new semiconductor manufacturing projects worth Rs 4,594 crore under the India Semiconductor Mission (ISM), giving a major boost to the country's electronics manufacturing ambitions.
The facilities will be set up in Punjab, Andhra Pradesh, and Odisha, creating over 2,000 skilled jobs and strengthening India's role in the global chip supply chain.
Union Electronics and IT Minister Ashwini Vaishnaw said construction on all four projects will begin within six months. Calling semiconductors a "strategic industry," he stressed that self-reliance in this sector is essential for any country aspiring to developed-nation status. With these approvals, the ISM portfolio rises to 10 projects in six states, with total investments of Rs 1.6 lakh crore.
This story is from the August 13, 2025 edition of The Daily Guardian.
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