The Economic Times

Government eyes co-investment with venture capitalists to make larger funds available under ISM 2.0

India Semiconductor Mission 2.0 will offer more funds by co-investing with venture capitalists. This initiative aims to attract diverse companies across the entire semiconductor value chain. The government will support design-linked incentives and encourage overseas citizen cardholders to participate. Significant research and development efforts will focus on advanced technology below 28 nanometers. The mission seeks to establish India as a reliable global player in chip manufacturing.