The Union Cabinet has approved four semiconductor projects for Odisha, Punjab and Andhra Pradesh, Information & Broadcasting Minister Ashwini Vaishnaw said on Tuesday, reported the PTI.

The proposals have been approved under the India Semiconductor Mission, which has an outlay of Rs 76,000 crore to provide financial support for setting up chip facilities in the country.

"Cabinet has approved four semiconductor plants that will be set up in Odisha, Punjab and Andhra Pradesh," Vaishnaw said, according to the PTI.