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Second phase of semicon Mission in 3-4 months
The Morning Standard
|September 12, 2024
AFTER the successful first phase of the India Semiconductor Mission, the government is set to launch the second phase of the scheme with a greater focus on bringing all component companies, raw material suppliers, and others on board.
Minister of Electronics and Information Technology Ashwini Vaishnaw, addressing a press briefing at the Semicon India 2024 event, said Semicon 2.0, to be launched in three-four months, will aim to encompass the entire ecosystem. The minister also announced that Uttar Pradesh will soon have semiconductor units, following Gujarat and Assam.
"We are formulating the semicon 2.0, which will be a much-expanded form of the first phase. We will work towards getting the entire ecosystem," Vaishnaw said.
This story is from the September 12, 2024 edition of The Morning Standard.
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