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india-semiconductor-mission

India Bets ₹1.25 Lakh Cr on Chip Design Startups

India has approved a ₹1.25 lakh crore ISM 2.0 that replaces the earlier grant-only model with a grant-plus-equity structure, co-investing alongside private venture capital in fabless chip design startups.

India Clears Rs 1.25 Lakh Crore for Semiconductor Mission 2.0

India's Expenditure Finance Committee has cleared a Rs 1.25 lakh crore outlay for India Semiconductor Mission 2.0, up 64 percent from ISM 1.0's Rs 76,000 crore. The proposal now goes to the Cabinet, as two chip plants begin commercial output and a third, CG Semi, is set to open July 4, 2026.

India's Fourth Semiconductor Plant Due by Year-End

India's third semiconductor plant is set to begin production in July, with a fourth facility expected by November-December, Union Minister Rajiv Vaishnaw said. The milestone moves India closer to domestic chip self-sufficiency and reduces dependence on imports from Taiwan and China.

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India's chip dream was derailed in 1989. In 2026, it's roaring back

India has moved from policy announcements to live commercial chip shipments in 2026, with 12 semiconductor projects worth ₹1.64 lakh crore approved and a second phase, Semicon 2.0, adding ₹1,27,500 crore before the first phase completes.

1mo ago · 5 min · Big Stories

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