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Image Source : Energyinfra market Screenshot 2024 05 13 130718

India Approves Rs 3,300 Crore Semiconductor Unit in Gujarat

Last Update 03 September 2024

The Union Cabinet approved Kaynes Semicon's Rs 3,300 crore semiconductor unit in Gujarat, which will produce 60 lakh chips daily. Part of the India Semiconductor Mission, this unit aims to boost domestic chip production for various applications. PM Modi anticipates a significant advance in India’s semiconductor capabilities and the arrival of the first indigenously developed chip this year.

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2023

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