India, Aug. 13 -- The Union Cabinet chaired by Prime Minister Narendra Modi approved four more semiconductor projects under the India Semiconductor Mission (ISM).

Momentum is building up in semiconductor ecosystem in India with the six approved projects already in various stages of execution. These four proposals approved are from SiCSem, Continental Device India Pvt Ltd, (CDIL), 3D Glass Solutions Inc., and Advanced System in Package (ASIP) Technologies.

These four approved proposals will setup semiconductor manufacturing facilities with cumulative investment of around Rs.4,600 crore, and are expected to generate a cumulative employment for 2,034 skilled professionals which would catalyse the electronic manufacturing ecosystem resultin...