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Vaishnaw: Semicon 2.0 to focus on India-made chipsets
The Business Guardian
|September 08, 2025
Union Minister for Electronics and Information Technology Ashwini Vaishnaw on Tuesday said that the upcoming phase of India's semiconductor initiative will focus significantly on supporting full product development, including chipsets that are designed in India, with IP rights residing in the country and products developed by companies incorporated in India.
The Ministry of Electronics and Information Technology (MeitY) has begun work on the next phase of India's semiconductor programme, Semicon 2.0, and is currently holding discussions with the Ministry of Finance and other stakeholders to finalize its contours.
Semicon 2.0 will build on the momentum created under the first phase.
Under India Semiconductor Mission, or Semicon 1.0, the government had made an outlay of Rs 76,000 crore for the development of the semiconductors and display manufacturing ecosystem in the country.
Dit verhaal komt uit de September 08, 2025-editie van The Business Guardian.
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