The Union Cabinet has approved two semiconductor projects under the India Semiconductor Mission (ISM) 1.0 with an investment of ₹3,936 crore. The projects include the first commercial Gallium Nitride (GaN) technology-based Mini/Micro-Light Emitting Diode (LED) display facility in India by Crystal Matrix Ltd (CML) and a semiconductor packaging unit by Suchi Semicon Pvt Ltd (SSPL) in Gujarat.
These are the final projects sanctioned under ISM 1.0, which is a specialized division of the Digital India Corporation under the Ministry of Electronics and Information Technology (MeitY). It is to be noted that ISM was launched in 2021 with a total outlay of ₹76,000 crore to build a self-reliant semiconductor and display manufacturing ecosystem in India.