Centre approves Semicon 2.0 scheme with ₹1.27 lakh crore package to catalyse domestic industry
NEW DELHI: The Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the much-awaited Semicon 2.0 scheme with a total budgetary outlay of ₹1.27 lakh crore to catalyse the domestic manufacturing and design of semiconductors.
“Recognising the requirement for a sustained and long-term support to Semiconductor sector in India and also to build on the momentum generated under Semicon 1.0, Semicon 2.0 aims to further the government’s commitment towards putting our country on the semiconductor map of the world,” the Centre said in an official statement.
