.Union Preacher Ashwini Vaishnav (Data Picture: PTI) 3 min read Final Improved: Sep 02 2024|5:56 PM IST.The Union Cabinet on Monday authorized India's fifth semiconductor center, to be set up through Kaynes Technology in Sanand, Gujarat. This Setting up, Testing, Marking, as well as Packaging (ATMP) system will certainly include an overall investment of Rs 3,307 crore and also will certainly possess the capability to produce 6.3 thousand chips every day." Today, the Cabinetry has actually approved the Kaynes Modern technology plant, which has a capability of producing 6.3 million potato chips per day. It is actually a major vegetation that is actually spread over 46 acres, and also the production is expected to become big. The fields to which potato chips coming from this vegetation are going to go ... that has presently been made a reservation for," pointed out Union Administrator of Electronics as well as IT Ashwini Vaishnaw in a media instruction post the Closet appointment today.A bulk of the potato chips produced in the plant is going to be used in power-related tools for train sets, vehicles, and also home devices, said the administrator.The Kaynes ATMP project is actually the fifth semiconductor unit to be approved under the Rs 76,000 crore India Semiconductor Objective (ISM), after the Micron, Tata, and CG Energy locations in Gujarat, and yet another job through Tatas in Assam, that were actually approved earlier.In June 2023, the Union Cupboard had actually authorized the 1st plan for establishing a semiconductor system in Sanand, Gujarat, by the US-based mind potato chip gigantic Micron.In February this year, three even more semiconductor devices were authorized, where Tata Electronics is actually setting up a semiconductor fab in Dholera, Gujarat, and also one testing as well as installation system in Morigaon, Assam.Additionally, CG Power is actually also setting up an outsourced semiconductor installation and test (OSAT) device in Sanand, Gujarat." Building of all four semiconductor systems is proceeding at a quick speed, and also a robust semiconductor community is actually surfacing near the devices. These four devices will certainly take an assets of nearly Rs 1.5 lakh crore. The collective capacity of these devices is about 7 crore chips each day," checked out a formal press release coming from the government.Vaishnaw likewise offered an upgrade on the Micron center that was the very first to become accepted under the ISM in June in 2013. He pointed out that the building at the resource was actually improving properly as well as the very first made-in-India potato chip away from the center was counted on through mid-2025.Market body system India Electronics and also Semiconductor Affiliation (IESA) gave thanks to the Administrative agency of Electronic devices and also IT and also ISM for their help in the authorization of the Kaynes semiconductor job." Along with upcoming projects coming from Tata, Micron, Renesas, Kaynes, and others, our experts are actually acquiring momentum in building a comprehensive semiconductor environment in India. This will not simply sustain the local electronics industry however likewise comply with the anticipated international semiconductor requirement, projected to reach $1 mountain by 2030," said Ashok Chandak, president, IESA.Kaynes Modern technology possesses a presence in IoT solutions-enabled incorporated electronics manufacturing.First Published: Sep 02 2024|5:56 PM IST.