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ISM 2.0 to target 4-5 new fabs with revamped incentives: MeitY Secretary

in5points
  1. India Semiconductor Mission (ISM) 2.0 aims to target 4-5 new fabs with revamped incentives.

  2. MeitY Secretary S Krishnan detailed a strategy including calibrated incentives across nodes.

  3. DLI 2.0 will be expanded to include large companies and Overseas Citizens of India (OCIs).

  4. The plan introduces venture capital co-investment models to support semiconductor startups.

  5. Legacy-node fabs are prioritized to address domestic demand for mature chip technologies.

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Financial Express

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Viveck Goenka

Indian Express Group

Viveck Goenka

Wikipedia: Viveck Goenka