The Union Cabinet of India, led by Prime Minister Narendra Modi, has approved two semiconductor projects in Gujarat, with a total investment exceeding ₹3,900 crore (approximately $470 million USD). These initiatives are part of the India Semiconductor Mission (ISM) and aim to bolster the country's semiconductor ecosystem while reducing import dependency. The projects are expected to create over 2,200 skilled jobs. The first project, by Crystal Matrix Limited (CML), will establish an integrated compound semiconductor fabrication and assembly facility in Dholera, focusing on Mini and Micro-LED display modules using Gallium Nitride (GaN) technology. This will mark India's first commercial-scale facility of its kind. The second project, led by Suchi Semicon Private Limited (SSPL), will set up an Outsourced Semiconductor Assembly and Test (OSAT) facility in Surat, with a production capacity of over 1,033 million chips annually. These components will cater to high-demand sectors such as automotive and consumer technology, further enhancing India's position in the global semiconductor value chain.