Semicon 2.0: ₹1.27 Lakh Crore Chip Scheme Framework
Why in the news
MeitY issued the operational framework that puts Semicon 2.0 into working shape.
Key facts
- Outlay: ₹1,27,500 crore.
- Structure: 6 pillars and 10 categories.
- Nodal agency: India Semiconductor Mission (ISM), within MeitY.
- Partner: C-DAC (Centre for Development of Advanced Computing) supports on design and technology.
About the programme
It is a national policy framework combined with a financial incentive scheme. Support is meant to reach the full semiconductor value chain:
- R&D and skilled talent
- specialty chemicals and materials
- equipment
- ATMP/OSAT, i.e. advanced packaging
- wafer fabrication, silicon as well as compound
- fabless design of chips
Aim
- Technological self-reliance.
- Indian-owned IP and fabless design.
- Wider domestic chip adoption and local supply chains, alongside global electronics manufacturing.
Exam angle
- Ministry: MeitY; agency: ISM.
- Know the numbers 6 pillars and 10 categories.
- ATMP/OSAT relate to packaging.