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πŸ“° News ⏱ 2 min
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Key Points

4 points
1

Semicon 2.0 approved July 15, 2026

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Budget: 127,500 crore Indian rupees

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Covers design, manufacturing, advanced packaging, equipment, materials, research and talent

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India's chip demand could reach 110 billion United States dollars by 2030

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Summary

The program, called Semicon Two Point Oh, will fund factories, research and training.

It aims to spend 127,500 crore rupees to grow the whole chip‑making chain.

Having its own chips helps phones, cars, satellites and future tech like Artificial Intelligence.

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New Words to Learn

8 words
semiconductor
A material that can control electricity, used to create chips
fabrication
The process of making chips in a special factory
packaging
Putting a finished chip into a protective case so it can be used in devices
Artificial Intelligence
Computer programs that can learn and make decisions like a human
compound
A material made from two or more different elements
nanometer
A very tiny measurement, one billionth of a meter, used to describe chip features
research and development
Work that scientists do to discover new ideas and turn them into useful products
talent
People with special skills and knowledge
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