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Home»Business»Cabinet clears four new chip plants worth Rs 4,600 crore in Odisha, Punjab and Andhra Pradesh | Business News
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Cabinet clears four new chip plants worth Rs 4,600 crore in Odisha, Punjab and Andhra Pradesh | Business News

August 12, 2025No Comments3 Mins Read
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The Union Cupboard on Tuesday cleared 4 new semiconductor meeting and testing vegetation underneath its India Semiconductor Mission, which have a complete monetary outlay of Rs 4,594 crore. Two of those vegetation will come up in Odisha, and one every in Punjab and Andhra Pradesh. With these, the federal government is now providing monetary incentives for the development of a complete of 10 chip-related factories, starting from a fabrication plant to meeting and testing operations.

The 2 vegetation in Odisha embody a Rs 2,066 crore meeting and testing (ATMP) facility being arrange by SiCSem Pvt Ltd, which is able to produce silicon carbide-based diodes and MOSFETs, and one other ATMP plant by 3D Glass Options Inc. value Rs 1,943 crore. Union IT Minister Ashwini Vaishnaw mentioned the second plant has investments from Intel, Lockheed Martin, and different VC and PE funds.

The primary plant could have an ATMP capability of 96 million chips per yr, and the second has a capability of manufacturing 50 million chips a yr. Each these vegetation might be constructed in Bhubaneswar.

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Superior System in Bundle Applied sciences (ASIP) will arrange a semiconductor manufacturing unit in Andhra Pradesh, underneath a know-how tie-up with APACT Co. Ltd, South Korea, with an annual capability of 96 million models. The manufactured merchandise will discover purposes in cellphones, set-top containers, vehicle purposes, and different digital merchandise.

Continental Gadget (CDIL) will broaden its discrete semiconductor manufacturing facility at Mohali, Punjab. The proposed facility will manufacture high-power discrete semiconductor units comparable to MOSFETs, IGBTs, Schottky Bypass Diodes, and transistors, each in Silicon and Silicon Carbide. The annual capability of this brownfield enlargement might be to the tune of 158.38 million models. The units manufactured by these proposed models could have purposes in automotive electronics together with EVs and its charging infrastructure, renewable power methods, energy conversion purposes, industrial purposes and communication infrastructure.

The brand new areas for the chip vegetation mark a break from a majority of the services which have been authorised for development in Gujarat. Of the ten vegetation now authorised, 4 are in Gujarat.

Earlier than these, the federal government has managed to draw six chip vegetation underneath its Rs 76,000 crore India Semiconductor Mission. This consists of the Tata-PSMC fab, being constructed at a value of roughly $11 billion, together with meeting and testing vegetation by US-based Micron Expertise, the Tatas, Murugappa Group’s CG Energy in partnership with Japan’s Renesas, Kaynes Semicon, and HCL-Foxconn. A few of these services are in a complicated stage of development, with the primary made-in-India chip anticipated to roll out later this yr.

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In August 2024, The Indian Specific had reported that the Centre had created a recent $15 billion blueprint for the second section of the India Semiconductor Mission. Below the renewed scheme, the federal government was planning to supply capital assist for uncooked supplies and gases utilized in chip manufacturing, this paper had reported.

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Soumyarendra Barik is Particular Correspondent with The Indian Specific and stories on the intersection of know-how, coverage and society. With over 5 years of newsroom expertise, he has reported on problems with gig employees’ rights, privateness, India’s prevalent digital divide and a spread of different coverage interventions that impression huge tech firms. He as soon as additionally tailed a meals supply employee for over 12 hours to quantify the sum of money they make, and the ache they undergo whereas doing so. In his free time, he likes to nerd about watches, Method 1 and soccer. … Learn Extra

© The Indian Specific Pvt Ltd



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