Sunday, August 2, 2026
News

India has 12 semiconductor units with $20 billion investment, Semicon 2.0 to drive next phase: Vaishnaw

SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | August 2, 2026 11:28:41 AM IST
India's semiconductor manufacturing ecosystem is entering its next phase with 12 semiconductor units involving around $20 billion in investment, three of which have already started manufacturing chips, Union Minister for Electronics and Information Technology Ashwini Vaishnaw has said.

Highlighting the progress made since the launch of the Semicon India programme in 2022, Vaishnaw said the government had learnt from previous attempts and focused on establishing a clear policy framework and stronger execution.

"2022: We started Semicon India. Learnt from past attempts. Clear policy and execution," Vaishnaw said in a post on X on Saturday.

According to the minister, the semiconductor push has now resulted in 12 units with a combined investment of $20 billion. Three of these units have already begun making chips, marking a shift from policy and project approvals towards actual semiconductor production in India.

Vaishnaw also highlighted the recent approval of Semicon 2.0, signalling the government's intention to build on the progress achieved under the first phase of its semiconductor programme.

"2026: 12 semiconductor units with $20 billion investment. 3 units already making chips. Semicon 2.0 approved. and we are just getting started...," he said, responding to a post which mentioned that AMD wanted to Make India its Semiconductor Manufacturing Hub and was investing USD 3 billion in a Fab in India back in 2005 but it fell apart due to roadblocks.

India is taking steps to come up as a major semiconductor manufacturing and technology hub, reducing vulnerabilities associated with dependence on overseas supply chains. Semiconductor chips are critical inputs for automobiles, smartphones, electronics, telecommunications equipment, defence systems and a growing range of emerging technologies.

With Semicon 2.0 now approved, the government is expected to focus on expanding manufacturing capacity and deepening India's semiconductor ecosystem. The next phase will be crucial in determining whether the initial investments can translate into a broader, globally competitive chip manufacturing base. (ANI)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Paytm App and Paytm UPI payments working...
Capital inflows, RBI support limit rupee...
India's data centre capacity may reach 3...
A revival in monsoon, better distributio...
New market timings from Monday; F&O ...
Foreign investors return to Indian equit...
More...
 
INDIA WORLD ASIA
KTR demands Rahul Gandhi's apology over ...
Jitendra Singh reviews status of Ujh Mul...
Fourth edition of tri-services future wa...
Keralam: Flash floods batter Ranni busin...
'Saving people more important than our l...
Heavy rains trigger landslides and traff...
More...    
 
 Top Stories
Ukraine claims strikes on key Russi... 
"Plastic-free, garbage-free Courtal... 
Andhra Pradesh Governor Abdul Nazee... 
Two helicopters collide while battl... 
Tamil Nadu minister Vignesh hints a... 
"What crime have I committed?": Pap... 
"She has brought pride and honour t... 
"Condemnable and in poor taste": Un...