Cabinet approves one more semiconductor unit under India Semiconductor Mission (ISM)
(Source – https://pib.gov.in/PressReleseDetail.aspx?PRID=2050859 ) Topic: GS3 – Indian Economy, GS2 – Governance Context ● The Union Cabinet approved Kaynes Semicon Pvt Ltd’s Rs 3,300 crore investment to set up a semiconductor unit in Sanand, Gujarat, with a capacity of 60 lakh chips per day. ● This unit is part of India’s broader semiconductor ecosystem development…