Mint Expainer | Semicon 2.0: What’s different this time?
What is Semicon 2.0, and how is it different from the first mission?
The Union cabinet on Wednesday approved a ₹1.27 trillion support package for the Semicon 2.0 project, expanding the push beyond chip manufacturing and assembly to the wider supply chain, including equipment, chemicals, gases and materials. This follows the first ₹76,000 crore India Semiconductor Mission, launched in 2021, which supported 12 projects with proposed investments of around ₹1.64 trillion. The focus is now on chip design, intellectual property (IP), and research and development to move to advanced chip technologies.
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