Union Cabinet Approves Rs 3,300 Crore Semiconductor Unit in Gujarat to Boost India’s Chip Manufacturing
New Delhi: To strengthen India’s semiconductor industry, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a proposal by Kaynes Semicon Pvt Ltd to establish a semiconductor unit in Sanand, Gujarat. This unit, to be developed with an investment of Rs 3,300 crore, will have a capacity of producing 60 lakh chips per…