India's Union Cabinet approved Semicon 2.0 and the Mobile Phone Manufacturing Scheme. These initiatives adopt a complete ecosystem approach for the semiconductor sector. The new schemes aim to strengthen India's electronics manufacturing capabilities significantly. Focus on design and R&D will build a self-reliant semiconductor ecosystem. Increased financial support demonstrates a long-term commitment to the industry.

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 Cabinet approved Semicon 2.0 with a Rs 1,27,500 crore outlay for chip manufacturing. A Rs 62,500 crore scheme will boost mobile phone manufacturing and local value addition.…

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…

The Union Cabinet has approved Semicon 2.0, a significant initiative for India's semiconductor industry. This new phase builds upon the foundation of the India Semiconductor…