India launches Semicon 2.0 with ₹1.27 lakh crore funding
pre-market1 source ↓written by the desknot a recommendation
- to enhance local
- ₹1.27 lakh crore
- with funding
- 105 identified startups
India has launched the Semicon 2.0 program, allocating ₹1.27 lakh crore to enhance local semiconductor design and manufacturing over six years starting FY27. This initiative aims to develop advanced chips for AI and support 105 identified startups with funding and equity incentives, fostering a robust semiconductor ecosystem.
The program is expected to position India as a global leader in semiconductor innovation, potentially attracting significant private investment and enhancing the tech landscape. 💻
Not investment advice. For informational purposes only.