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ISM 2.0 to target 4-5 new fabs with revamped incentives: MeitY Secretary
in5points
India Semiconductor Mission (ISM) 2.0 aims to target 4-5 new fabs with revamped incentives.
MeitY Secretary S Krishnan detailed a strategy including calibrated incentives across nodes.
DLI 2.0 will be expanded to include large companies and Overseas Citizens of India (OCIs).
The plan introduces venture capital co-investment models to support semiconductor startups.
Legacy-node fabs are prioritized to address domestic demand for mature chip technologies.
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Financial Express
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