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Government & PolicyPress Information Bureau15 Jul 2026
Cabinet approves Semicon 2.0 for long-term policy support to semiconductors in India.
The Union Cabinet approved Semicon 2.0 for the development of India's semiconductor design and manufacturing ecosystem, with a total budget outlay of Rs 1,27,500 crore.
Why it matters
A long-horizon policy commitment signals sustained demand across fabs, packaging, equipment, materials and the supporting supply base.
- Semicon 2.0
- Policy
- India Semiconductor Mission
Reported by Press Information Bureau. MAECTRO summarises third-party developments for industry context and is not stated to be involved unless the original source says so.
Read the original announcement