NEW DELHI: India approved a new semiconductor programme on Wednesday (Jul 15), offering more than US$13 billion in financial assistance to accelerate local chip production, as it seeks to become a global electronics powerhouse.India's Union Cabinet approved the "Semicon 2.0" initiative, expanding on a drive l

Modi's cabinet approved $13.3B for semiconductors and $6.5B for smartphones. The minister said Modi wants India to "create an Indian mobile brand."

The Union Cabinet approved India Semiconductor Mission 2.0 with significant funding. A Rs 62,500 crore Mobile Phone Manufacturing Scheme was also cleared. These initiatives aim to…

The Union Cabinet approved significant new schemes for semiconductor and mobile phone manufacturing. The India Semiconductor Mission's second phase will receive ₹1.27 lakh crore…

NEW DELHI: The Union cabinet on Wednesday approved two schemes, with govt support of Rs 1.9 lakh crore, aimed at taking India's electronics manufacturing ambitions beyond assembly…