Government notified the Semicon India Programme 2.0 with an outlay of ₹1.27 lakh crore to strengthen India’s semiconductor ecosystem.
The scheme has six pillars, covering the semiconductor value chain from wafer fabrication to chip production, along with related ecosystem development.
It aims to make India a major global semiconductor value-chain player and support domestic manufacturing and chip design.
The programme focuses on building a strong talent pool, investment ecosystem, policy support and ease of doing business.
Semicon India Programme 1.0 helped move approved projects towards ground-breaking and commercial production, increasing industry confidence.
Semicon 2.0 focuses on the complete semiconductor ecosystem with a long-term vision for the sector.