Cabinet clears India Semiconductor Mission 2.0 with $14.8 billion push to boost chip ecosystem

The Union Cabinet has approved a new semiconductor mission and a mobile phone manufacturing scheme aimed at strengthening India’s chip design, manufacturing and electronics supply chain. The Union Cabinet has approved India Semiconductor Mission (ISM) 2.0 with a budgetary outlay of $14.8 billion, alongside a $7.3 billion Mobile Phone Manufacturing Scheme (MPMS), in a major […]