Cabinet Approves Two Gujarat Semiconductor Projects
ECONOMY & POLICY

Cabinet Approves Two Gujarat Semiconductor Projects

The Union Cabinet chaired by Prime Minister Narendra Modi has approved two semiconductor projects in Gujarat under the India Semiconductor Mission. The schemes will be established at Dholera and Surat and will attract a combined investment of Rs 39.36 billion (bn) and generate employment for around 2,230 skilled professionals. The approvals form part of a broader government effort to scale domestic semiconductor manufacturing and reduce import dependence. Officials noted the projects will complement earlier ISM approvals and contribute to regional industrial development.

Crystal Matrix Limited will establish an integrated compound semiconductor fabrication and Assembly, Testing, Marking and Packaging facility at Dholera. The unit will manufacture gallium nitride based mini and micro LED display modules, representing the country's first commercial facility of its kind. It will have an annual production capacity of 72,000 square metres of display panels and 24,000 sets of RGB wafers.

Suchi Semicon Private Limited will set up an outsourced semiconductor assembly and test facility in Surat with the capacity to produce over 1,033 million (mn) chips annually. The output is intended for sectors including power electronics, analogue integrated circuits, automotive, consumer electronics and industrial automation. The Surat unit will augment India's OSAT ecosystem and support downstream manufacturing. The production scale is intended to meet domestic demand and reduce reliance on imports in targeted segments.

With these approvals the total number of projects sanctioned under the India Semiconductor Mission has risen to 12 with cumulative investments exceeding Rs 1.64 trillion (tn). Officials added the measures aim to encourage investment in advanced materials and packaging capabilities. Officials said the measures reinforce the policy framework aimed at attracting strategic technology investments and building local supply chains. The two projects are presented as steps towards strengthening domestic capabilities in advanced semiconductor segments.

The Union Cabinet chaired by Prime Minister Narendra Modi has approved two semiconductor projects in Gujarat under the India Semiconductor Mission. The schemes will be established at Dholera and Surat and will attract a combined investment of Rs 39.36 billion (bn) and generate employment for around 2,230 skilled professionals. The approvals form part of a broader government effort to scale domestic semiconductor manufacturing and reduce import dependence. Officials noted the projects will complement earlier ISM approvals and contribute to regional industrial development. Crystal Matrix Limited will establish an integrated compound semiconductor fabrication and Assembly, Testing, Marking and Packaging facility at Dholera. The unit will manufacture gallium nitride based mini and micro LED display modules, representing the country's first commercial facility of its kind. It will have an annual production capacity of 72,000 square metres of display panels and 24,000 sets of RGB wafers. Suchi Semicon Private Limited will set up an outsourced semiconductor assembly and test facility in Surat with the capacity to produce over 1,033 million (mn) chips annually. The output is intended for sectors including power electronics, analogue integrated circuits, automotive, consumer electronics and industrial automation. The Surat unit will augment India's OSAT ecosystem and support downstream manufacturing. The production scale is intended to meet domestic demand and reduce reliance on imports in targeted segments. With these approvals the total number of projects sanctioned under the India Semiconductor Mission has risen to 12 with cumulative investments exceeding Rs 1.64 trillion (tn). Officials added the measures aim to encourage investment in advanced materials and packaging capabilities. Officials said the measures reinforce the policy framework aimed at attracting strategic technology investments and building local supply chains. The two projects are presented as steps towards strengthening domestic capabilities in advanced semiconductor segments.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement