₹1.27 Lakh Crore India Semiconductor Mission 2.0 Approved: Focus on Supply Chain, R&D and Design

₹1.27 Lakh Crore Semicon 2.0 Notified: Boosts Domestic Chip Design, Manufacturing, and R&D

The government notified the operational framework for Semicon 2.0, a ₹1.27 lakh crore program to boost domestic chip design, manufacturing, and supply chain. It includes six pillars, with incentives for chip design, fabrication plants, packaging, and R&D. This is critical for India's semiconductor ecosystem and self-reliance.

₹1.27 Lakh Crore Semicon 2.0 Launched: India Targets Domestic Chip Design, 1 Lakh More Engineers

Prime Minister Modi inaugurated Semicon India 2026, highlighting India's progress in semiconductor manufacturing. The government launched Semicon 2.0 with ₹1.27 lakh crore outlay, shifting focus to domestic chip design, talent development, and supply chain localisation. This is critical for national security and tech self-reliance.

National Critical Mineral Mission: ₹1,500 Cr Urban Mining Scheme Approved (2025-31) to Boost Circular Economy

India's heavy dependence on imported critical minerals (lithium, cobalt, nickel, rare earths) is a strategic vulnerability. Urban mining — recovering materials from e-waste, C&D waste, and end-of-life vehicles — offers a faster, domestic, and environmentally cleaner alternative. The Union Cabinet approved a ₹1,500 crore incentive scheme under the National Critical Mineral Mission (2025-31) to build this capacity, with EPR rules mandating recycled content in new batteries.

India Semiconductor Mission 2.0 with $13.5B Outlay; 12 Chip Projects Approved at Semicon India 2026

PM Modi inaugurated Semicon India 2026, pitching India as a trusted chip manufacturing hub. He announced the expansion of India Semiconductor Mission (ISM 2.0) with an increased outlay of $13.5 billion, and revealed that 12 chip-making projects have been approved. Applied Materials also committed $5 billion under Vision 2035 to integrate India into the global semiconductor value chain. This is crucial for India's goal of self-reliance and reducing dependence on global supply chains.

PM Modi Pitches India as Trusted Chip Hub, Launches Semicon 2.0 ₹1.27 Lakh Cr Programme

PM Modi inaugurated SEMICON India 2026, announcing Semicon 2.0 (₹1.27 lakh crore) to build a comprehensive semiconductor ecosystem. India aims to meet global demand for trusted chip manufacturing, with major investments from Applied Materials ($5B) and Lam Research (₹10,000 Cr). This is crucial for prelims (data points) and mains (Atmanirbhar Bharat, tech policy).

China's 2025 Rare-Earth Export Controls Expose India's NdFeB Magnet Value Chain Vulnerabilities

India's vulnerability in high-performance permanent magnets (NdFeB) is not just about raw material imports from China but the lack of a comprehensive framework to map the entire value chain. China's April 2025 export controls exposed this gap. The article proposes an Integrated Techno-Economic Mapping (ITEM) framework to identify where to build domestic capability.

Govt to Mandate Design-in-India Chips for Smart Meters by Mid-2028, 7.24 Cr Installed

The government plans to mandate domestically designed and manufactured chips in smart meters by mid-2028 to counter cybersecurity threats and reduce import dependence. With 7.24 crore smart meters already installed under various schemes, this move also aims at cost reduction and grid modernization under the new National Electricity Policy.

₹1,27,500 Cr Semicon 2.0 Notified: 40% Silicon Fab Subsidy, 35% ATMP Incentives

The government has notified the ₹1,27,500 crore Semicon 2.0 scheme, a major push to build India's semiconductor ecosystem from chip manufacturing to design and packaging. With tiered fiscal support – 40% for silicon fabs, 35% for compound/display fabs and advanced packaging – the scheme aims to achieve self-reliance and attract global players. For students, this is a high-priority policy with clear Prelims data points and Mains implications for Atmanirbhar Bharat and industrial strategy.