The Indian government has given the green light for a new semiconductor unit in Sanand, Gujarat. The first semiconductor chip from this facility is anticipated to be produced by mid-2025. This approval came during a Cabinet meeting chaired by Prime Minister Narendra Modi. The plant will be established by Kaynes Semicon. This initiative is a significant part of India’s broader strategy to become a major hub for semiconductor manufacturing, aiming to enhance domestic production and lessen dependence on imports. For full details, watch the video till the end.