India Semiconductor Mission (ISM): ₹3,936 Crore Investment for Two New Units in Gujarat

Exam-focused facts from the 7 May 2026 current affairs briefing.

Key facts

The Union Cabinet approved two semiconductor manufacturing projects under the India Semiconductor Mission (ISM) in Gujarat with a combined investment of ₹3,936 crore.
Crystal Matrix Limited (CML) will establish India's first commercial Mini/Micro-LED display manufacturing unit based on Gallium Nitride (GaN) technology in Dholera.
The CML facility will produce 72,000 square metres of Mini/Micro-LED display panels and 24,000 sets of RGB GaN epitaxy wafers annually.
Suchi Semicon Private Limited (SSPL) will set up an Outsourced Semiconductor Assembly and Test (OSAT) facility in Surat with an annual capacity of over 1,033 million chips.
Total semiconductor projects under ISM have reached 12, with cumulative investments of approximately ₹1.64 lakh crore.