USD 12 billion semiconductor investments to create over 1 lakh jobs: Ashwini Vaishnaw

New Delhi [India], September 17 (ANI): Semiconductor investments of around USD 12 billion are expected to create more than one lakh jobs in India as the government expands the domestic chip ecosystem under Semicon 2.0, Union Electronics and Information Technology Minister Ashwini Vaishnaw said on Thursday.

Speaking to the media on the sidelines of SEMICON India 2026 in New Delhi, Vaishnaw confirmed the USD 12 billion investment figure and said, “It will be a major investment and more than one lakh jobs will be created.”