Government schemes
What is Semicon India?
Semicon India is a central sector run by the Ministry of Electronics and Information Technology, launched in 2021.
The detail
| Ministry | Electronics and Information Technology |
|---|---|
| Launched | 2021 |
| Type | central sector |
| Funding | Rs 76,000 crore phase 1; Semicon India 2.0 added a fresh Rs 1,27,500 crore (2026); fiscal support up to 50% of project cost for fabs |
| Aim | Semiconductor and display fab ecosystem; implemented by the India Semiconductor Mission, with ISM 2.0 widening to equipment, materials and chip IP |
Commonly confused: Fiscal support is up to 50% of project cost on a pari-passu basis; ISM is the implementing arm, not a statutory body. The Rs 76,000 crore figure is phase 1 only since Semicon 2.0.
Source: en.wikipedia.org/wiki/India_Semiconductor_Mission
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