# India seeks second commercial chip fab under Semicon 2.0

_Monday, August 31, 2026 at 12:01 PM EDT · Infrastructure, Power · Latest · Tier 1 — Major_

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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