India launches ₹1,27,500-crore Semicon 2.0 scheme, enhancing chip manufacturing and ecosystem development with detailed eligibility and incentives.

The government has notified the Semicon 2.0 scheme with an outlay of Rs 1.27 lakh crore to boost the chip manufacturing ecosystem in the country.

The scheme has been divided into six segments covering designing of chips by Indian firms, setting up units for capital equipment required for chip production, semiconductor fabs,…