Cabinet approves Semicon 2.0 with ₹1,27,500 crore outlay for chip design and manufacturing
Key facts
- The Union Cabinet approved Semicon 2.0 on 15 July 2026. Its outlay is ₹1,27,500 crore.
- It covers six areas: chip design, equipment and materials, fabs, assembly and packaging, R&D, and workforce training.
- Under Semicon 1.0, 12 manufacturing units were approved, with ₹1.64 lakh crore of investment.
- Semicon 1.0 also supported 24 chip design projects by start-ups and MSMEs.
- Minister Ashwini Vaishnaw announced it as part of seven decisions worth ₹2,19,353 crore.
Why it matters
[Economy] Semicon 1.0 was the India Semiconductor Mission, launched in 2021 with ₹76,000 crore. Semicon 2.0 moves beyond building plants to equipment, materials and design.
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