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The Indian government is preparing to roll out the second phase of its semiconductor incentive programme with a proposed outlay of ₹1.2 lakh crore. With the plan ready, the government aims to strengthen domestic chip manufacturing and design capabilities. The move comes as part of the

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India’s first 3D semiconductor fabrication facility in Odisha has secured full production capacity even before its official launch. The moment reflects rising demand for advanced chip packaging and a growing domestic semiconductor ecosystem. Industry experts said that early bookings show the confidence of global and domestic

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India’s semiconductor mission is set to sharpen its focus on research and development (R&D). The Ministry of Electronics and Information Technology (MeitY) has indicated a broader push beyond manufacturing incentives. A senior government official said the next phase of the programme will prioritise innovation, design capabilities

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