Government notifies Rs 1.27 lakh crore Semicon 2.0 scheme to boost chip ecosystem

The scheme has been divided into six segments covering designing of chips by Indian firms, setting up units for capital equipment required for chip production, semiconductor fabs, chip assembly, packaging and testing, etc. The scheme will aim to build resilient, trusted, and sovereign semiconductor technologies by focusing on designing, development, and deployment of target segment technologies for the national strategic and critical infrastructure.