ISM 2.0: Can semiconductor stocks become India’s next long-term wealth creators?

Given the focus of the Indian government to increase and deepen India’s semiconductor capabilities and the scope of growth in the sector, it appears the semiconductor opportunity is real for investors.

Recently, on 15 July, Union IT Minister Ashwini Vaishnaw informed that the Union Cabinet had approved ₹1.27 lakh crore for the second edition of India Semiconductor Mission (ISM 2.0).

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