Electronics and IT Minister Ashwini Vaishnaw highlighted a 20-year vision to build India’s semiconductor ecosystem, as Semicon 2.0 expands the country’s manufacturing, design, research and skills capabilities.

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,…

The move comes at a time when semiconductors have emerged as a critical strategic resource globally, with the AI boom driving unprecedented demand for advanced chips and memory.