Current Affairs - National - Discussion

The Union Cabinet, led by Prime Minister Narendra Modi, has approved four new semiconductor projects under the India Semiconductor Mission (ISM), with a cumulative investment of around ₹4,600 crore. These projects will be established in Odisha, Punjab, and Andhra Pradesh, marking a significant step toward enhancing India’s semiconductor manufacturing ecosystem. The approved companies include SiCSem, Continental Device India Pvt Ltd (CDIL), 3D Glass Solutions Inc., and Advanced System in Package (ASIP) Technologies. By spreading the projects across multiple states, the initiative not only boosts local economies but also supports India’s goal of becoming a global hub in semiconductor production.