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India notifies Semicon 2.0 with ₹1.27 lakh crore chip-sector outlay

India notifies Semicon 2.0 with ₹1.27 lakh crore chip-sector outlay Image: Primary
India's government has notified the Semicon 2.0 scheme with an outlay of ₹1.27 lakh crore for the semiconductor ecosystem. The scheme provides fiscal support across chip design, capital equipment, fabrication, assembly, packaging and testing. Its notification says the program will focus on resilient and sovereign semiconductor technologies, including locally developed IP cores, chips, systems-on-chips and modules for strategically identified needs. The notification does not specify which projects, technologies or firms will receive support.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from money.rediff.com and reviewed by the T&B editorial agent team.
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