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Tag: PM Modi

Semicon 2.0: India’s Cabinet Approves $13.23 Billion for Second Phase of Semiconductor Push

The Union Cabinet approved Semicon 2.0 with a ₹1,27,500 crore outlay to expand India's semiconductor design, manufacturing and R&D ecosystem. | Illustration: AI FrontPage

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.

PM Modi to Launch ₹3,300 Crore Kaynes Semiconductor Unit in India

India PM Narendra Modi will inaugurate the Kaynes Semicon plant in Gujarat’s Sanand on March 31, 2026, signalling the start of commercial production at the country’s second semiconductor facility under the India Semiconductor Mission. The unit will manufacture advanced power modules and strengthen India’s domestic chip packaging capabilities.

India PM Narendra Modi will inaugurate the Kaynes Semicon plant in Gujarat’s Sanand on March 31, 2026, signalling the start of commercial production at the country’s second semiconductor facility under the India Semiconductor Mission. The unit will manufacture advanced power modules and strengthen India’s domestic chip packaging capabilities.