The Economic Times

Govt estimates 200 chip design companies to emerge from Rs 1.27 lakh cr Semicon 2.0 scheme

India anticipates around 200 chip design companies emerging from the Semicon 2.0 scheme. This initiative aims to boost the nation's semiconductor capabilities significantly. Global companies are exploring partnership opportunities and expanding their work in India. Discussions are underway for local production of critical machines and minerals. The government is also promoting water conservation in data centers and manufacturing.