Unlike the first phase, which focused largely on attracting fabs, assembly-test-marking-packaging units and outsourced semiconductor assembly and test facilities, the new phase specifically extends support to parts of the supply chain that sit around chip plants, including semiconductor machinery, equipment, specialty materials, chemicals and gases.

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.

India approved a new semiconductor program on July 15, offering more than $13 billion in financial assistance to accelerate local chip production, as it seeks to become a global…

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…

Semicon 2.0 positions India as a global semiconductor hub, boosting economic growth, national security, and technological leadership.

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