Semicon 2.0 Policy In 3-4 Months: Vaishnaw

By :  Bizz Buzz
Update:2024-09-12 06:41 IST

New Delhi: The government has started working on the second phase of the semiconductor policy, Semicon 2.0, which is expected to be in place in 3-4 months, Union Minister Ashwini Vaishnaw said on Wednesday.

Speaking at SEMICON India-2024, the minister said 3-4 States have attracted semiconductor investments, and one unit will soon come up in Uttar Pradesh. “We are now at a stage when first stage of semicon project is completed. Now we are formulating Semicon 2.0, which will be an expanded form of Semicon 1.0. It will take us 3-4 months to put it in place,” Vaishnaw said.

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