Cabinet on Tuesday has approved two more semiconductor manufacturing units, with a cumulative investment of ₹3,936 crore, which are expected to generate employment for 2,230 skilled professionals.
The approved semiconductor projects – Crystal Matrix Ltd and Suchi Semicon – under the India Semiconductor Mission (ISM) includes country’s first commercial Mini/Micro-LED display facility based on GaN (Gallium Nitride) Technology and a semiconductor packaging facility, to be set up in Gujarat, Ashwini Vaishnaw, Minister of Electronics and Information Technology, said at a briefing here.
With these two approvals, semiconductor ecosystem in the country would get a significant boost with the total number of approved projects under India Semiconductor Mission (ISM) reaching 12, at an outlay of around ₹1.64 lakh crore, from the earlier target of ₹1.60 lakh crore.
These would complement the growing world-class chip design capabilities coming up in the country which are propelled by design infrastructure support provided by government to 315 academic institutions and 104 start-ups, Vaishnaw said, adding that momentum is building up further in the semiconductor ecosystem in India with the 10 approved projects already in various stages of execution.
Two projects have already started commercial shipments from India and two more are expected to start commercial shipments soon, he added.
Output application
“Crystal Matrix Limited (CML) will establish an integrated facility for compound semiconductor fabrication and ATMP in Dholera, Gujarat for manufacturing Mini/Micro-LED display modules. The integrated facility will also provide GaN foundry services, including epitaxy on 6-inch wafers. The annual proposed production capacity for Mini/Micro-LED Display Panels is 72,000 sq. meters, and for Mini-Micro-LED GaN Epitaxy Wafers is 24,000 sets of RGB (red, green, blue) wafers,” Vaishnaw explained.
The proposed products will have applications in large displays for TVs and signages/commercial displays, medium-sized displays for tablets, smartphones and in-car displays, and micro-displays for extended reality (XR) glasses and smart watches.
Similarly, Suchi Semicon (SSPL) will be setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility in Surat, Gujarat for manufacturing discrete semiconductors. The proposed production capacity of the Suchi Semicon is 1,033.20 million chips per annum.
The target applications include power electronics, analog ICs, and industrial systems, serving end markets such as automotive, industrial automation, and consumer electronics.
Commenting on the approval, Ashok Mehta, Founder and Chairman at SSPL said, “This facility will serve domestic and global demand across power electronics, analog ICs, and industrial systems...Being able to do this work within India is not just about production it is about ensuring India is never dependent on others for something so critical.”
Published on May 5, 2026