Union Minister Ashwini Vaishnaw addressed media on Semicon 2.0

Union Minister for Electronics and Information Technology Shri Ashwini Vaishnaw addressed the media regarding the launch of notifications for all six pillars of the Semicon 2.0 scheme. The initiative builds upon the first Semicon India Programme to provide fiscal and infrastructure support across the entire semiconductor value chain, aiming to enhance economic growth, national security, supply-chain resilience, and technological leadership. The scheme comprises six pillars across ten categories: Design, Machines and Materials, Setting up more Fabs, ATMP/OSAT industry strengthening, Research and Development, and Talent Development. The India Semiconductor Mission (ISM) acts as the nodal agency. Key highlights noted include achieving a 10-year target of developing 85,000 semiconductor engineers within four years, setting a new goal to train one lakh more engineers, and anticipating that close to 10% of the global semiconductor market will be in India.