The record
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- The Indian government has launched Semicon 2.0, the second phase of its semiconductor mission, with an outlay of ₹1,75,500 crore approved in July 2026.
- Prime Minister Narendra Modi gave the project further momentum at the Semicon India 2026 conference held at Yashobhoomi Convention Hall in New Delhi from September 17 to 19.
- The new programme covers six pillars: chip manufacturing, research and development, chip design, machinery and raw materials, fab establishment, skilled manpower and advanced packaging.
- Under the first phase, 12 manufacturing units with over ₹1.64 lakh crore of investment were approved, and 5 units have already begun commercial production.
- The mission matters because India imported 150 billion dollars of semiconductor products between 2017 and 2025, and reducing this import dependence is a national priority as domestic demand is projected to cross 200 billion dollars by 2035.
What to watch next
- Progress of the 7 approved units under Semicon 1.0 that have not yet started commercial production.
- Implementation details of the six pillars of Semicon 2.0 following the ₹1,75,500 crore approval.
- Growth of semiconductor technology partnerships with the US, Japan, European Union, Singapore and Germany.
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Named India · Government of India · Narendra Modi · Semiconductor Laboratory
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