Union Minister Ashwini Vaishnaw announced Semicon 2.0, India's second phase of semiconductor policy, set to launch in 3-4 months.

India's Union Minister Ashwini Vaishnaw announced the upcoming Semicon 2.0, the second phase of the country's semiconductor policy, expected to launch in 3-4 months. This expanded initiative aims to build a comprehensive semiconductor manufacturing ecosystem, attracting investments across multiple states, including a new unit in Uttar Pradesh. The policy aligns with India's goal to boost its electronics sector to $500 billion and create 6 million jobs by 2030.

September 11, 2024
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