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India’s Semiconductor Industry Moves Into Semicon 2.0 Growth Phase
India wants to build a bigger semiconductor industry.
Semiconductors are tiny parts used to make many electronic devices.
Minister Ashwini Vaishnaw said the basic foundation has already been created.
A new plan called Semicon 2.0 will support six areas of the industry.
These include designing chips, making equipment and materials, building factories, packaging chips, conducting research, and training people.
The government wants these activities to happen inside India.
The plan can support projects for up to six years and will first accept applications for three years.
Officials say strong participation in SEMICON India 2026 shows international confidence in India’s semiconductor plans.
Ashwini Vaishnaw said India has laid the foundation of its semiconductor industry and must now expand it.
Semicon 2.0 will focus on design, machines and materials, fabs, packaging, research, and talent development.
The program aims to develop capabilities across India, including chip design, fabrication, packaging, equipment, and materials.
More than 105 startups joined Semicon 1.0, with about 20 receiving approximately Rs 800 crore in venture funding.
SEMICON India 2026 has nearly 40,000 delegates, more than 600 companies, and participants from about 52 countries.
- Who
- Union Electronics and IT Minister Ashwini Vaishnaw, IT Secretary S. Krishnan, the India Semiconductor Mission, and semiconductor companies and startups.
- What
- The government has notified all six pillars of the Semicon 2.0 Scheme to expand India’s semiconductor design and manufacturing capabilities.
- Where
- New Delhi, India.
- When
- The announcement was made on Thursday during SEMICON India 2026; projects may run for up to six years, while applications will initially remain open for three years.
- Why
- To grow India’s semiconductor industry across design, fabrication, packaging, equipment, materials, research and development, and talent development.
Key facts
- Program
- Semicon 2.0
- Focus areas
- Design; machines and materials; more fabs; ATMP/OSAT; research and development; and talent development
- Project duration
- Generally up to six years
- Initial application period
- Three years
- Nodal agency
- India Semiconductor Mission
- SEMICON India 2026 participation
- Nearly 40,000 delegates and more than 600 participating companies
- International participation
- Delegates from about 52 countries; more than 300 exhibiting companies are overseas companies
Quotes
Ashwini Vaishnaw
Union Minister for Electronics and IT
“We have close to about 40,000 delegates registered. We have nearly 600-plus companies participating in the exhibition. We have delegates from about 52 countries participating, and more than 300 of these companies participating in the exhibition are overseas companies. This reflects the kind of confidence that the world has in India as a destination for semiconductor manufacturing”
thehansindia.com
“In Semicon 1.0, we had lots of startups trying to see how we can design the chips. We had a goodsuccess. More than 105 startups participated in it, and about 20 of them got VC funding of about Rs 800 crore. That was just the beginning”
thehansindia.com
Sources
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