India Approves ₹4,600 Crore for New Semiconductor Plants in Odisha, Punjab, and Andhra Pradesh

Aug 15, 2025

Source: NIE

Context: The Union Cabinet has approved ₹4,600 crore for four new semiconductor manufacturing projects in Odisha, Punjab, and Andhra Pradesh, under the India Semiconductor Mission (ISM).

About New Semiconductor Plants:

About India Semiconductor Mission (ISM):

Context:About New Semiconductor Plants:SiCSem Pvt. Ltd. (Odisha):first commercial Silicon Carbide (SiC) compound semiconductor fab3D Glass Solutions Inc. (Odisha):Technology:ASIP Technologies (Andhra Pradesh):Continental Device India Pvt. Ltd. (Punjab):About India Semiconductor Mission (ISM):What it isLaunched inNodal Ministry:Key Features:Vision:Investment Incentives:Design Ecosystem Support:Talent Development:60,000 skilled professionalsStrategic Importance:

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