Govt notifies ₹1,27,500-crore Semicon 2.0; spells out eligibility norms, sops for chip ecosystem
The Indian government notified the ₹1,27,500-crore Semicon 2.0 scheme on Monday, aimed at enhancing the semiconductor ecosystem. The initiative includes financial support for startups through grants and equity co-investment, while established companies will receive royalty financing or equity co-investment. This move is expected to bolster India's position in the global semiconductor market.