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India Clears 10 Chip Projects, Eyes First 'Made‑in‑India' Chips This Year as Semicon 2.0 Talks Start

Officials say near‑full allocation of the Rs 76,000 crore first phase positions the programme for a follow‑on Semicon 2.0.

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Overview

  • The electronics ministry confirmed approval of 10 projects under the India Semiconductor Mission.
  • MeitY secretary S. Krishnan said the first commercially produced chips from Indian facilities are expected before the end of this year.
  • Semicon 1.0 funds are almost fully committed, including about Rs 64,000 crore for fabs, Rs 10,000 crore for the Mohali lab, and Rs 1,000 crore for the design‑linked incentive scheme.
  • Talks are underway with the Finance Ministry on a Semicon 2.0 framework, with scope for two to three smaller projects using leftover funds from the first phase.
  • SEMICON India 2025 has expanded sharply to 350 exhibitors with 1,100 booths and delegates from 33 countries, and will be inaugurated by the prime minister on September 2.