New Delhi, Aug. 12 -- In a significant push to India's chip-making ambitions, the Union Cabinet chaired by Prime Minister Narendra Modi on Tuesday approved four new semiconductor manufacturing projects with a total investment of Rs 4,600 crore under the India Semiconductor Mission (ISM). The projects will boost domestic production of chips, packaging and advanced materials, generating over 2,000 skilled jobs directly.

Out of the four projects that have been approved, two are in Odisha, one in Punjab, and one in Andhra Pradesh.

"Four new semiconductor projects have been approved. You know that six projects are already approved and four new ones have been added to it today. These are in Odisha, Andhra Pradesh and Punjab, at an investment ...