New Delhi, May 5 -- The Union Cabinet on Tuesday approved two new semiconductor manufacturing units under India Semiconductor Mission (ISM), marking the last two projects of ISM 1.0 with a cumulative investment of over Rs 3,900 crore. The approvals include the country's first commercial Mini/Micro-LED display facility based on GaN technology and a semiconductor packaging facility in Gujarat.

Briefing reporters on the decisions of the Union Cabinet, Information and Broadcasting Minister Ashwini Vaishnaw said ISM 1.0 was launched in 2022.

The two approved proposals will set up semiconductor manufacturing facilities in Gujarat with a cumulative investment of around Rs 3,936 crore and are expected to generate cumulative employment for 2,230...