India launches Semiconductor Mission 2.0 to boost domestic chip industry

businesstoday.in

India launched Semiconductor Mission 2.0 to boost its domestic chip industry, expanding focus to equipment, materials, and intellectual property. The initiative aims to strengthen deeper layers of the semiconductor ecosystem, prioritizing domestic production of equipment and materials, and encouraging Indian intellectual property design. This move, alongside increased funding for the Electronics Component Manufacturing Scheme, signals India's commitment to becoming a global alternative manufacturing hub for semiconductors.


With a significance score of 5.6, this news ranks in the top 0.6% of today's 31348 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers: