₹1.27 Lakh Crore Semicon 2.0 Scheme Unveiled to Boost Chip Manufacturing
What Happened
The Centre has notified the Semicon 2.0 scheme with an outlay of ₹1.27 lakh crore to strengthen India's semiconductor ecosystem. The programme provides support across the entire value chain, including chip design, semiconductor fabrication (fabs), packaging, testing, capital equipment, and manufacturing infrastructure.
Key Takeaways
The scheme aims to make India a stronger player in the global semiconductor supply chain by building resilient and self-reliant chip technologies for strategic and commercial use. The government expects the initiative to attract major investments and deepen India's role in semiconductor design and manufacturing.