IESA welcomes the Cabinet approval of two new semiconductor projects under the India Semiconductor Mission (ISM). This move further reinforces India’s rapidly expanding semiconductor ecosystem. We extend our congratulations to Crystal Matrix Limited and Suchi Semicon Private Limited on achieving this significant milestone, and commend the continued vision and dedication of Hon’ble Prime Minister Shri Narendra Modi, the India Semiconductor Mission, and the Ministry of Electronics and Information Technology for driving India’s semiconductor growth ambitions forward.
With these approvals, the total number of semiconductor projects under ISM has reached 12, reflecting strong momentum in building a globally competitive and self-reliant semiconductor ecosystem. The addition of advanced areas such as compound semiconductor-based Mini/Micro-LED manufacturing and OSAT capabilities will enhance India’s position across next-generation technologies, supply chain resilience, innovation, and skilled employment generation. Importantly, Mini/Micro-LED display module and epitaxy based 6 inch wafer manufacturing is strategically significant for India’s electronics sector as it will support future growth in advanced displays for smartphones, automotive electronics, TVs, wearables, XR devices, and industrial applications, while reducing import dependence in a high-value technology segment, commented Ashok Chandak, President IESA and SEMI India.
IESA is proud to see increasing participation from Indian companies, including valued member Suchi Semicon, in this national mission. As an industry body, IESA remains committed to supporting ecosystem development through industry collaboration, policy advocacy, talent development, startup enablement, and global partnerships to help India emerge as a trusted semiconductor hub, chandak added.
