Government notifies Rs 1.27L-cr Semicon 2.0 with eligibility norms, sops

The government on Monday notified the Semicon 2.0 scheme, setting in motion the Rs 1,27,500-crore plan that seeks to deepen India's semiconductor ambitions--from chip manufacturing to a full-stack ecosystem encompassing indigenous design and IP, equipment, materials, advanced packaging, R&D and talent development. The move comes at a time when semiconductors have emerged as a critical strategic resource globally, with the AI boom driving unprecedented demand for advanced chips and memory.