The Union Cabinet has cleared the ₹1,27,500 crore "Semicon 2.0" scheme to expand India's semiconductor design, machinery, and packaging ecosystems. The five-year initiative targets advanced R&D, commercial fabs, and high-value materials manufacturing
India has approved 12 semiconductor manufacturing projects worth Rs 1.64 lakh crore under the India Semiconductor Mission. Backed by the Rs 10,372 crore IndiaAI Mission, the convergence is driving electronics to become India’s third-largest export category
The six-month programme is designed for industry professionals keen to design future-ready chips with capabilities that can power new age technologies such as AI, IoT, VR, Mobility, Cloud and Analytics.