Centre to get Semicon 2.0 policy in place in next 3-4 months: Vaishnaw

The second instalment of the Semicon India mission, under which the Centre provided fiscal support to firms establishing chip facilities in the country, is in advanced stages and is expected to be out in the next 3-4 months, said Union Minister Ashwini Vaishnaw on Wednesday.

Vaishnaw, who was addressing a press conference at the Semicon India event in Noida, said that the scope of the scheme will be much larger than Semicon 1.0.

The Minister, however, did not specify the outlay of the next phase of the Semicon programme.

“We are now at a phase where the 1st phase of the Semicon programme is practically complete. Now we are formulating Semicon 2.0, which will be a much expanded form of the 1st phase,” said Vaishnaw.