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Cabinet approves ₹1.27 lakh crore for Semicon Mission 2.0
Image source: thehindu.com

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Cabinet approves ₹1.27 lakh crore for Semicon Mission 2.0

The Indian Cabinet has approved ₹1.27 lakh crore for the Semicon Mission 2.0, aimed at boosting the semiconductor manufacturing sector. This initiative is expected to attract investments of approximately ₹4 lakh crore and generate semiconductor production worth ₹2 lakh crore during its implementation period. The significance of this scheme lies in its potential to enhance India's position in the global semiconductor market, crucial for technology and electronics industries.

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