The scheme lands amid an accelerating shift for the industry as multinational manufacturers build capacity outside China to hedge against geopolitical risk. | India News

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.…