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Government May Announce 2-3 Semiconductor Projects: MeitY
The Business Guardian
|August 24, 2025
The Ministry of Electronics and Information Technology (MEITY) announced on Friday that the government may unveil two to three small semiconductor projects in the coming period, as the nation's ambitious semiconductor manufacturing program gains momentum.
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Secretary S Krishnan, responding to queries from ANI, revealed that leftover funds from the India Semiconductor Mission 1.0 could potentially accommodate these additional projects.
The government's Rs 76,000 crore semiconductor outlay under Semicon 1.0 has been almost fully committed to existing projects, with Rs 64,000 crore allocated for chip fabrication facilities, Rs 10,000 crore for the Semiconductor Laboratory in Mohali, and Rs 1,000 crore for the Design-Linked Incentive scheme.
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