Fabs To Design-Linked Incentive Scheme — India To Sharpen Semiconductor Push, Says MeitY Secretary

The government also recognises the need for a stronger semiconductor ecosystem. (Image: Envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed

With global supply chains under pressure and technology demand rising, India is preparing the next phase of its semiconductor strategy under India Semiconductor Mission (ISM) 2.0. The government has outlined a sharper, more targeted approach that goes beyond broad policy support to focus on specific priorities such as new fabs, advanced packaging and design-led innovation, said S Krishnan, the secretary of the Ministry of Electronics and Information Technology (MeitY).

In an interview with NDTV Profit , the MeitY Secretary said that India will be focusing on more fabrication facilities across the country. These highly specialise