Skip to main content
See every side of every news story
Published loading...Updated

Semicon India 2.0 Targets 200 Chip Design Startups, 1 Lakh Technicians, Ashwini Vaishnaw Says

The next phase expands beyond chip design to machines, materials and advanced packaging, with $5 billion in new investment and industry-academia research.

  • On Thursday, Union Minister Ashwini Vaishnaw announced that Semicon India 2.0 targets at least 200 chip-design startups and companies at SEMICON India 2026, held from September 17 to 19 at Yashobhoomi in New Delhi.
  • Approved by the Union Cabinet in July with a Rs 1.275 lakh crore outlay, Semicon 2.0 builds on the first phase that approved 12 projects, with three already in commercial production.
  • Vaishnaw also set a target of developing 1 lakh semiconductor technicians and factory-floor workers, while the event brings together more than 600 exhibitors and 300 international companies.
  • Announced at the event, a USD 5 billion investment will help generate employment, and the program strengthens India's ATMP and OSAT ecosystem through a new 3D packaging unit in Odisha.
  • Industry-Academia collaboration will drive the fifth pillar, focusing on applied research and development, as India moves toward building a broader integrated semiconductor ecosystem beyond individual manufacturing facilities.
Insights by Ground AI

14 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 57% of the sources lean Right
57% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

The Economic Times broke the news in Mumbai, India on Thursday, September 17, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal