Cabinet approves Semicon 2.0 with Rs. 1.27 lakh crore outlay for semiconductor ecosystem

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved Semicon 2.0, the next phase of India’s semiconductor initiative, with a total budget outlay of Rs. 1,27,500 crore. The programme aims to strengthen India’s semiconductor design and manufacturing ecosystem through long-term policy support while building on the progress made under Semicon 1.0. Continue reading “Cabinet approves Semicon 2.0 with Rs. 1.27 lakh crore outlay for semiconductor ecosystem”

Government approves 23 DLI-backed semiconductor projects for startups and MSMEs

The Government of India has sanctioned 23 chip-design projects under the Design Linked Incentive (DLI) Scheme to strengthen domestic semiconductor design capabilities. Continue reading “Government approves 23 DLI-backed semiconductor projects for startups and MSMEs”

Government approves four new semiconductor projects under ISM with Rs. 4600 crore investment

The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, approved four new semiconductor manufacturing projects under the India Semiconductor Mission (ISM), the Ministry of Electronics and Information Technology (MeitY) announced today in an official release. Continue reading “Government approves four new semiconductor projects under ISM with Rs. 4600 crore investment”

99.2% of mobile phones sold in India now made locally: IT Minister

India has seen a significant shift towards becoming a global manufacturing hub, largely due to the ‘Make in India’ initiative which began a decade ago. According to the Ministry of Electronics & IT’s recent announcement, this program has enhanced domestic production, decreased reliance on imports, and generated substantial employment. Continue reading “99.2% of mobile phones sold in India now made locally: IT Minister”

Tata Electronics partners with ASMPT Singapore to boost Semiconductor Ecosystem in India

Tata Electronics, a subsidiary of Tata Sons Pvt. Ltd., has signed a Memorandum of Understanding (MOU) with ASMPT Singapore to develop semiconductor assembly equipment infrastructure and solutions. Continue reading “Tata Electronics partners with ASMPT Singapore to boost Semiconductor Ecosystem in India”

PM Modi lays foundation stones for 3 semiconductor plants with Rs. 1.25 lakh crore investment

On Wednesday, Prime Minister Narendra Modi initiated the start of construction for three semiconductor plants. Continue reading “PM Modi lays foundation stones for 3 semiconductor plants with Rs. 1.25 lakh crore investment”

Government approves construction of 3 semiconductor units

The Union Cabine has authorized the establishment of three semiconductor units as part of the ‘Development of Semiconductors and Display Manufacturing Ecosystems in India’ initiative. Continue reading “Government approves construction of 3 semiconductor units”