# India seeks second commercial chip fab under Semicon 2.0

_Published Monday, August 31, 2026 at 12:18 PM EDT · Infrastructure, Policy · Latest · Tier 1 — Major_

![After Tata, India eyes second chip fab by 2031 with at least $2bn investment | Today News — primary](https://www.livemint.com/lm-img/img/2026/08/31/1600x900/logo/pexels-photo-5554948_1788191172207_1788191181305_a4756afb-b20c-4a9c-b376-6ffa14f3ba0f.jpeg)

India's IT ministry is inviting global technology companies to build a second commercial silicon chip fabrication plant under its Semicon 2.0 programme, with a target for operation by 2031. The programme offers up to 40% cash incentives for a 12-inch-wafer facility, while applicants must commit at least ₹20,000 crore, or about $2.1 billion, of their own capital and meet revenue and technology requirements. The broader ₹1.28 trillion programme also covers display manufacturing, compound semiconductors, raw materials and chip-design support.

## Sources

- [livemint.com](https://www.livemint.com/news/india/after-tata-india-eyes-second-chip-fab-by-2031-with-at-least-2bn-investment-11788181530262.html)

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Canonical: https://techandbusiness.org/newswire/SIVkkqOx3B7Tsq3dKo_y4Y
Published: 2026-08-31T16:18:18.640Z
Story chronology: 2026-08-31T16:01:23.000Z
Retrieved: 2026-10-15T23:53:00.097Z
Publisher: Tech & Business (techandbusiness.org)