Semicon India 2.0 aims to build the entire chip ecosystem, not just fabs: MeitY Secretary S Krishnan
The government on Wednesday approved an outlay of Rs1.27 lakh crore for the second phase of the Semicon India Programme (Semicon India 2.0) to strengthen the country’s semiconductor ecosystem. Semicon India 2.0 aims to develop the entire semiconductor value chain. The Cabinet also approved the Mobile Phone Manufacturing Scheme (MPMS) with an outlay of Rs62,500 crore to boost domestic value addition, increase exports and encourage the manufacturing of key smartphone components in India.
