Chandigarh, Aug. 12 -- Punjab Cabinet Minister Sanjeev Arora on Tuesday announced a major boost to the state's semiconductor ecosystem, with the Union Cabinet approving four new projects under the India Semiconductor Mission (ISM), including one to be set up in SAS Nagar.

The Government of India has sanctioned semiconductor manufacturing units worth Rs 4,600 crore in Odisha, Punjab, and Andhra Pradesh.

Among the approved projects is the facility of Continental Device India Pvt. Ltd. (CDIL) in Mohali. A pioneer in silicon semiconductor manufacturing since 1964, CDIL has been steadily expanding operations at its Mohali plant through a brownfield project.

Arora said the company is ramping up production of power semiconductor devices and e...