The Union Cabinet has approved the proposal of Kaynes Semicon Pvt Ltd to setup a semiconductor unit in Sanand, Gujarat
- The objective is to develop a vibrant semiconductor ecosystem
- The proposed unit will be setup with an investment of
₹ 3,300 crore
- The capacity of this unit will be 60 Lakh chips per day
- The chips produced in this unit will cater to a wide variety of applications, which include segments such as industrial, automotive, electric vehicles, consumer electronics, telecom, mobile phones, etc.
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