The second iteration of the semiconductor mission also has a major focus on designing commercial and strategic chips in India. The Centre will take minority stakes in Indian semiconductor startups, matching private investments at every stage to bridge any funding gap.

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 has greenlit the Rs 1.27 lakh crore India Semiconductor Mission (ISM) 2.0, aiming to attract Rs 4 lakh crore investments and boost semiconductor localization.

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 second phase of India’s semiconductor mission spells out a realistic ambition for the country

NEW DELHI: In a major boost for India's semiconductor startup policy, govt is redesigning its support framework under Semicon 2.0 and intends to move away from one-time grants to…