{"id":1021320,"date":"2026-07-16T08:31:11","date_gmt":"2026-07-16T03:01:11","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1021320"},"modified":"2026-07-16T08:33:06","modified_gmt":"2026-07-16T03:03:06","slug":"cabinet-approves-rs-1-27-lakh-crore-for-semicon-mission-2-0-heres-how-the-funding-will-be-used","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/16\/cabinet-approves-rs-1-27-lakh-crore-for-semicon-mission-2-0-heres-how-the-funding-will-be-used\/","title":{"rendered":"Cabinet approves Rs 1.27 lakh crore for Semicon Mission 2.0 \u2013 Here\u2019s how the funding will be used"},"content":{"rendered":"<p>The Union Cabinet on Wednesday approved a major expansion of India\u2019s semiconductor programme with fresh funding of Rs 1.28 lakh crore ($13.3 billion) to strengthen the country\u2019s chip manufacturing ecosystem. The government also cleared a separate Rs 62,500 crore programme aimed at boosting mobile phone manufacturing over the next five years. <\/p>\n<p>Information and Broadcasting Minister Ashwini Vaishnaw announced the decisions after the Cabinet meeting. The approvals form part of India\u2019s broader strategy to establish itself as a global hub for electronics manufacturing and reduce dependence on imported semiconductor components.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Union Cabinet on Wednesday approved a major expansion of India\u2019s semiconductor programme with fresh funding of Rs 1.28 lakh crore ($13.3 billion) to strengthen the country\u2019s chip manufacturing ecosystem. The government also cleared a separate Rs 62,500 crore programme aimed at boosting mobile phone manufacturing over the next five years. Information and Broadcasting Minister Ashwini Vaishnaw announced the decisions after the Cabinet meeting. The approvals form part of India\u2019s broader strategy to establish itself as a global hub for electronics manufacturing and reduce dependence on imported semiconductor components.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1021320","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1021320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1021320"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1021320\/revisions"}],"predecessor-version":[{"id":1021362,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1021320\/revisions\/1021362"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1021320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1021320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1021320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}