India Commits $13.4B for 'Semicon 2.0' Chip Design and Manufacturing
SumitGup · x · 2026-08-28
India rolled out 'Semicon 2.0', allocating ₹1.275 trillion ($13.4 billion) to build its semiconductor industry, targeting chip design and manufacturing.
- Scale: Significantly higher than the first tranche of ₹760 billion launched in Dec 2021.
- Phase 1 Results: The initial phase secured 12 manufacturing deals with over ₹1.64 trillion in investments, covering silicon fabs, compound semiconductors, OSAT, and design.
- Context: The push comes as experts warn of latecomer risks, aiming to accelerate India's position in the global supply chain.
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