Cabinet Approves Two New Semiconductor Projects in Gujarat

12 May 2026 CW Team

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved two semiconductor projects in Gujarat under the India Semiconductor Mission. The projects will be established at Dholera and Surat and will attract a combined investment of Rs 39,360 million (mn). The approvals will generate employment for around 2,230 skilled professionals. The move forms part of a broader strategy to develop domestic semiconductor capabilities.

Crystal Matrix Limited will establish an integrated compound semiconductor fabrication and ATMP facility at Dholera. The unit will manufacture gallium nitride-based mini and micro LED display modules, constituting the country’s first commercial facility of its kind. It has an annual production capacity of 72,000 square metres of display panels and 24,000 sets of RGB wafers. These products will serve advanced applications including smart televisions, smartphones, in-car displays, smart wearables and extended reality devices.

Suchi Semicon Private Limited will set up an outsourced semiconductor assembly and test facility in Surat. The unit will have the capacity to produce over 1,033 mn chips annually and will cater to sectors such as power electronics, analogue integrated circuits, automotive, consumer electronics and industrial automation. With these approvals, the total number of projects sanctioned under the India Semiconductor Mission has risen to 12. The cumulative investment under the mission now exceeds Rs 1.64 trillion (tn).

Officials described the approvals as a step towards strengthening the domestic supply chain, promoting advanced technology manufacturing and creating a skilled workforce. The projects are aimed at attracting ancillary firms and further investment into the relevant industrial clusters. Implementation timelines were not specified in the release. The approvals contribute to the government's drive to expand India's semiconductor capabilities.

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..