India’s Semiconductor Push with Rs 760.00 billion
Technology

India’s Semiconductor Push with Rs 760.00 billion

The Indian government is accelerating semiconductor manufacturing, research, and skill development under the Semicon India Programme with an outlay of Rs 760.00 billion. It provides 51 per cent fiscal support for projects related to chip fabrication, display fabs, compound semiconductors, and semiconductor assembly (ATMP/OSAT). Product Design Linked Incentives further support chip design.

Key initiatives: - Rs 1520.00 billion investment in five semiconductor manufacturing projects (1 fabrication, 4 ATMP/OSAT).

- MoUs with USA, EU, Japan, and Singapore to boost semiconductor collaboration.

- Skill Development Initiatives:

- AICTE introduced new VLSI and IC manufacturing curricula.

- Chips to Startup (C2S) Programme aims to train 85,000 engineers in VLSI and embedded systems.

- SMART Lab at NIELIT Calicut targets 0.1 million engineers in five years, training 42,000+ so far.

- MoUs for talent development with IISc & Lam Research (60,000 engineers in 10 years), IBM, and Purdue University.

The government is also modernising the Semi-Conductor Laboratory (Mohali) and funding R&D in chip design, nanotechnology, and semiconductor processes to enhance India’s self-reliance in semiconductor technology.

The Indian government is accelerating semiconductor manufacturing, research, and skill development under the Semicon India Programme with an outlay of Rs 760.00 billion. It provides 51 per cent fiscal support for projects related to chip fabrication, display fabs, compound semiconductors, and semiconductor assembly (ATMP/OSAT). Product Design Linked Incentives further support chip design. Key initiatives: - Rs 1520.00 billion investment in five semiconductor manufacturing projects (1 fabrication, 4 ATMP/OSAT). - MoUs with USA, EU, Japan, and Singapore to boost semiconductor collaboration. - Skill Development Initiatives: - AICTE introduced new VLSI and IC manufacturing curricula. - Chips to Startup (C2S) Programme aims to train 85,000 engineers in VLSI and embedded systems. - SMART Lab at NIELIT Calicut targets 0.1 million engineers in five years, training 42,000+ so far. - MoUs for talent development with IISc & Lam Research (60,000 engineers in 10 years), IBM, and Purdue University. The government is also modernising the Semi-Conductor Laboratory (Mohali) and funding R&D in chip design, nanotechnology, and semiconductor processes to enhance India’s self-reliance in semiconductor technology.

Next Story
Real Estate

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Next Story
Infrastructure Energy

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Next Story
Infrastructure Urban

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement