Government approves modernisation of Semiconductor Laboratory in Mohali

The government has approved the modernisation of the Semiconductor Laboratory as a brownfield chip manufacuring unit, Parliament was informed on Friday.

Minister of State for Electronics and IT, Rajeev Chandrasekhar in a writtten reply to the Rajya Sabha said that till date only one proposal of Micron Technology Inc for setting up a semiconductor ATMP unit in India with a capital investment of Rs 22,516 crore ($2.75 Billion) has been approved.