By A Staff Reporter
New Delhi: In a significant move towards strengthening India's semiconductor industry, the Cabinet has approved the establishment of a new semiconductor manufacturing unit under the India Semiconductor Mission. This new facility will be set up in Sanand, Gujarat, and is expected to play a crucial role in India's ambition to become a global hub for semiconductor manufacturing.
Prime Minister Narendra Modi announced the decision on social media, highlighting the importance of this development. "Yet another boost to India's efforts towards becoming a hub for semiconductors. The Cabinet approves one more semiconductor unit under the India Semiconductor Mission," he posted.
The Sanand facility will cater to a wide range of sectors, providing vital support to various industries that rely on semiconductor technology. It is also expected to create numerous employment opportunities, particularly for young professionals looking to make a mark in the high-tech industry.