<h1>Government approves Rs 4,594 crore for four major semiconductor projects boosting chip manufacturing capacity</h1> The government approved four semiconductor manufacturing projects in Odisha, Punjab, and Andhra Pradesh with a combined investment of Rs 4,594 crore under the India Semiconductor Mission. The projects include a silicon carbide semiconductor plant in Odisha with a capacity of 9.6 crore chips annually, a 3D glass semiconductor unit backed by a US chip major and Lockheed Martin in Odisha producing 5 crore units annually, a chip packaging plant in Andhra Pradesh with a 9.6 crore chip capacity, and an electronics component manufacturing facility in Punjab producing 15.8 crore units annually. These approvals aim to boost the domestic electronics manufacturing sector, which has significantly expanded in recent years, and support India's strategic goal of becoming a major semiconductor hub.