Semicon 2.0 Policy: India Aims for Semiconductor Growth
By Rediff Money Desk, New Delhi 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.
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.
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.
Source: PTI
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