Semicon 2.0 to boost deep tech startups: Vaishnaw

Union Minister Ashwini Vaishnaw said Semicon Mission 2.0 will focus on building a strong design ecosystem and supporting deep tech startups. He highlighted talent development, equipment manufacturing, and new opportunities for students in India’s growing semiconductor sector

Gandhinagar: Union Minister Ashwini Vaishnaw on Sunday said the Centre’s Semicon Mission 2.0 will focus on bolstering deep tech startups, prioritising the creation of a design ecosystem and setting up equipment manufacturing and design facilities in the country.

Addressing the inaugural session of the Gujarat Semiconnect Conference 2026 here, the Union Minister for Electronics and Information Technology said that a talent gap of 20 lakh in the semiconductor sector will create huge opportunities for students.

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“Semicon 2.0 will be totally the reverse of Semicon 1.0, which focused on getting manufacturing facilities in India. We got that. We have 10 plants, with the first starting commercial production yesterday. Very soon, the second plant will start commercial production,” he said.

Vaishnaw said that the top priority for Semicon 2.0, the second phase of India’s Semiconductor Mission, will be to create a “design ecosystem”, so that deep tech startups get the opportunity to develop the next Qualcomm, Broadcom, or Nvidia.

“And it is not going to be an easy journey. It is going to be a humongous task, and we understand the complexity of it. That is why we are very realistic and pragmatic about it,” he said.

The deep tech startup ecosystem will focus on semiconductor design and creating innovative products, which can then be manufactured in the fabs, he said, adding that the next priority will be to develop the equipment manufacturing and design ecosystem in the country.

Vaishnaw pointed out that it is vital to have a material, machine, equipment, testing and validation ecosystem well established in the country for the foundation of the 20-year journey to be very strong.

He stated that talent, which has been a very big priority in Semicon 1.0, will remain a priority in Semicon 2.0.

“In the first version, we promised that 85,000 engineers would be trained in semiconductor design in 10 years. It has been achieved in four years itself,” he said.

The Union Minister further noted that as the semiconductor sector globally grows from 800-900 billion dollars to a trillion-dollar industry, a 20 lakh talent gap in the second phase will mean more opportunities for students.

“We are prepared for that. From 350 in Semicon 1.0, we will take it to 500 universities. Every state will have several universities and colleges where students can get trained in semiconductor design, manufacturing, testing and validation, and that will create a huge, continuous stream of opportunities for youth,” he said.