Three projects with net investment of Rs 1.25 lakh cr herald the rise of India’s semicon ecosystem: CEO ISM

On February 29, the Union Cabinet chaired by Prime Minister Narendra Modi approved the establishment of three semiconductor projects under the programme for ‘Development of Semiconductors and Display Manufacturing Ecosystems in India’.

The three projects include the Tata-PSMC chip foundry in Dholera, Gujarat, that will have capacity of 50,000 wafers per month, the Tata OSAT facility in Morigaon, Assam, that will have a capacity of 48 million packaging per day, and the CG Power-Renesas plant in Sanand, Gujarat, that will have the capacity of 15 million chips per day.