India launches Semicon 2.0 with ₹1.27 lakh crore funding
after close1 source ↓written by the desknot a recommendation
- to enhance local
- ₹1.27 lakh crore
- with funding
- 105 identified chip-design startups
India has launched its Semicon 2.0 program, allocating ₹1.27 lakh crore to enhance local semiconductor design and manufacturing over the next six years, starting FY27. The initiative aims to develop advanced chips for AI and support 105 identified chip-design startups with funding and equity incentives.
This move positions India to become a significant player in semiconductor innovation, potentially attracting private investment and fostering technological advancements in the sector.
Not investment advice. For informational purposes only.