Indian Union Cabinet approves ₹3,300 crore Kaynes Semicon plant in Gujarat as part of India Semiconductor Mission.

The Indian Union Cabinet has approved a ₹3,300 crore semiconductor unit by Kaynes Semicon in Sanand, Gujarat, part of the India Semiconductor Mission. This facility will produce 60 lakh chips daily for various industries. Alongside this, three other plants are in development, contributing to an estimated total investment of ₹1.5 lakh crore and a combined capacity of 7 crore chips per day, bolstering India's semiconductor ecosystem significantly.

September 02, 2024
40 Articles

Further Reading