‘Semicon 2.0 draws up to $12 billion in investment proposals’: IT minister Ashwini Vaishnaw
Union Electronics and IT Minister Ashwini Vaishnaw announced that India has received investment proposals totaling $11-12 billion under the Semicon 2.0 initiative. These commitments span semiconductor equipment and materials, with investments expected over the next two to three years. The government aims to strengthen the domestic semiconductor supply chain as companies prepare to make formal announcements after approvals.