Overview
- Prime Minister Narendra Modi inaugurated SEMICON India 2026 on Thursday and presented Semicon 2.0 as the government’s operational next phase with an outlay of Rs 1,27,500 crore.
- The programme sets firm targets to support at least 200 chip‑design firms and to train 100,000 technicians for clean rooms and factory floors.
- Several approved projects have moved from approvals to commercial production, and event announcements highlighted new corporate commitments including Tata Electronics’ multiple MOUs and Applied Materials’ reported USD 5 billion Vision 2035 pledge.
- Semicon 2.0 broadens government support beyond fabs to six pillars — chip design, machines and materials, fabs, advanced packaging, applied R&D and talent development — to build local suppliers for equipment, chemicals and packaging.
- Officials and industry leaders say the push aims to reduce import dependence and link India into global value chains, but the reports caution that building full‑stack capacity will remain capital‑ and time‑intensive and require sustained public‑private coordination.