India’s Union Cabinet has approved Semicon 2.0 with an outlay of ₹1,27,500 crore ($13.23 billion), expanding beyond ISM 1.0’s fab-first approach to fund chip design, advanced packaging, materials, equipment manufacturing and R&D across the semiconductor value chain.
Semicon 2.0: India’s Cabinet Approves $13.23 Billion for Second Phase of Semiconductor Push