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01 Jul 2026
ગુજરાતી मराठी ਪੰਜਾਬੀ বাংলা
Centre Approves ₹1.25 Lakh Crore for Semiconductor Mission 2.0
📷 Image: Wikimedia Commons / Original: Rohit Sharma Derivative work: Unpetitp
Technology

Centre Approves ₹1.25 Lakh Crore for Semiconductor Mission 2.0

✍️ Nagaland Post 🗓 01 Jul 2026, 05:46 PM 👁 1

The Union government has sanctioned a significant financial outlay of ₹1.25 lakh crore for the upcoming phase of the Semiconductor Mission. This initiative aims to bolster India's capabilities in semiconductor manufacturing and design.

The Indian government has given its approval for an investment of ₹1.25 lakh crore towards the second phase of the National Semiconductor Mission. This substantial allocation underscores the nation's commitment to establishing a robust semiconductor ecosystem.

The mission, often referred to as Semiconductor Mission 2.0, is expected to drive advancements in semiconductor manufacturing, research, and development within the country. The financial package aims to attract investment and foster innovation in this critical technology sector.

This strategic move by the Centre is anticipated to enhance India's self-reliance in semiconductor production, a sector currently dominated by a few global players. The increased funding is likely to support various aspects of the semiconductor value chain, from fabrication plants to chip design.