Semicon 2.0 Policy: India Aims for Semiconductor Growth
Sep 11, 2024 14:40
India's Semicon 2.0 policy is expected in 3-4 months, aiming to attract further investments in the semiconductor sector. The policy aims to build upon the success of Semicon 1.0, which has already drawn investments from several states.
Photograph: ANI Photo
New Delhi, Sep 11 (PTI) The government has started working on the second phase of the semiconductor policy, Semicon 2.0, which is expected to be in place in 3-4 months, Union Minister Ashwini Vaishnaw said on Wednesday.
Speaking at SEMICON India 2024, the minister said 3-4 states have attracted semiconductor investments, and one unit will soon come up in Uttar Pradesh.
"We are now at a stage when first stage of semicon project is completed. Now we are formulating Semicon 2.0 which will be an expanded form of Semicon 1.0. It will take us 3-4 months to put it in place," Vaishnaw said.
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