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Economy 1 min read

Government notifies Semicon India Programme 2.0 with ₹1.27 lakh crore outlay

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The Union government has notified the Semicon India Programme 2.0 with an outlay of ₹1.27 lakh crore to strengthen the country's semiconductor ecosystem. Built on six pillars, it covers the value chain from wafer fabrication to chip production and related ecosystem development. It aims to make India a major global player, backing domestic manufacturing and chip design, and focuses on talent, investment, policy support and ease of doing business. Programme 1.0 had moved approved projects towards ground-breaking and commercial production.