SynopsisUnlike the first phase, which focused largely on attracting fabs, assembly-test-marking-packaging units and outsourced semiconductor assembly and test facilities, the new phase specifically extends support to parts of the supply chain that sit around chip plants, including semiconductor machinery, equipment, specialty materials, chemicals and gases.India’s newly approved semiconductor incentive package could become a turning point for domestic suppliers of chip-making equipment, gases, chemicals and materials, but only if the next phase of the programme is implemented in a way that forces deeper local ecosystem participation, industry stakeholders told ET.The comments come days after the Union Cabinet approved the second phase of the India Semiconductor Mission, or ISM 2.0, with an outlayNow Playing