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 for development. A new ₹62,500 crore scheme will boost mobile phone production and domestic sourcing.

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…

Union Cabinet on Wednesday cleared ₹1.27 lakh crore for the second edition of India Semiconductor Mission, Union IT Minister Ashwini Vaishnaw said.

The Union Cabinet has cleared the India Semiconductor Mission (ISM) 2.0 to boost domestic chip manufacturing. This and more in todays ETtech Top 5.

The Union Cabinet on Wednesday cleared ₹1.27 lakh crore for the second edition of India Semiconductor Mission, Union IT Minister Ashwini Vaishnaw informed."Cabinet has approved…