Cabinet clears Rs 3,936 cr chip push: India's first commercial display fab lands in Dholera
Crystal Matrix's Dholera GaN plant—India's first commercial Mini/Micro-LED display fab for TVs, smartphones and XR glasses—and Suchi Semicon's Surat OSAT unit win ISM approval. Total ISM commitments now exceed Rs 1.64 lakh crore, with 50% capex support and 1 billion chips/annum capacity targeted.
Cabinet cleared two chip plants worth Rs 3,936 crore under ISM, including Crystal Matrix's Dholera GaN facility making Mini/Micro-LED displays for TVs, smartphones and XR glasses—India's first commercial display fab—and Suchi Semicon's Surat OSAT plant.