Semicon 2.0 cuts capital support for fabs but for the first time funds equipment, chemicals, gases and raw materials to build a domestic chip ecosystem to be co-owned by C-DAC and kept within India.

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,…

The government has notified Semicon 2.0 to boost Indias semiconductor ecosystem. This and more in todays ETtech Top 5.