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Modi inaugurates SEMICON India 2026; Semicon 2.0 (Rs 1,27,500 crore) approved in July.
17 Sep 2026
Timeline
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Science and tech
Modi inaugurates SEMICON India 2026; Semicon 2.0 (Rs 1,27,500 crore) approved in July123
PM Modi inaugurated SEMICON India 2026 at Yashobhoomi on 17 September, saying India's chip journey had moved to commercial production. The Cabinet had approved Semicon 2.0, with an outlay of Rs 1,27,500 crore, in mid-July.
- Cabinet approved Semicon 2.0 on about 16 July 2026 with an outlay of Rs 1,27,500 crore
- Six pillars: design, equipment and materials, fabs, ATMP/OSAT, R&D and talent
- Modi inaugurated SEMICON India 2026 on 17 September
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Science and tech
SEMICON India 2026 set for 17-19 September at Yashobhoomi456
The fifth SEMICON India, run by the India Semiconductor Mission and SEMI, was announced for 17 to 19 September 2026 at Yashobhoomi, with PM Modi to inaugurate it on 17 September.
- 17 to 19 September 2026, Yashobhoomi, New Delhi
- Fifth edition; theme Transform Tomorrow: Silicon to Systems - Building the Ecosystem
- Modi inaugurated on 17 September; over 600 exhibitors
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Schemes
Union Cabinet approves Semicon 2.0 with Rs 1,27,500 crore outlay789
The Union Cabinet approved Semicon 2.0 on 15 July 2026 with an outlay of Rs 1,27,500 crore, structured around six pillars (including chip design, equipment and materials, fabs, advanced packaging, R&D and talent). Silicon wafer fabs get fiscal support of 40% of eligible capital expenditure. The first phase of the Semicon India Programme (outlay Rs 76,000 crore) was approved in December 2021; Semicon 2.0 was formally notified on 31 August 2026.
- The Union Cabinet approved Semicon 2.0 on 15 July 2026 with an outlay of Rs 1,27,500 crore, structured around six pillars (including chip design, equipment and materials, fabs, advanced packaging, R&D and talent)
- Silicon wafer fabs get fiscal support of 40% of eligible capital expenditure
- The first phase of the Semicon India Programme (outlay Rs 76,000 crore) was approved in December 2021; Semicon 2.0 was formally notified on 31 August 2026
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Science and tech
PM Modi inaugurates Kaynes Semicon plant at Sanand101112
Modi inaugurated the Rs 3,300 crore Kaynes Semicon OSAT facility at Sanand, Gujarat on 31 March 2026, described as India's second operational semiconductor unit under the India Semiconductor Mission.
- PM Modi inaugurated the Kaynes Semicon OSAT facility at Sanand, Gujarat on 31 March 2026
- Investment about Rs 3,300 crore; commercial production started with Intelligent Power Modules
- Described as India's second operational semiconductor unit under the India Semiconductor Mission, after Micron's Sanand unit
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Schemes
Budget announces Biopharma SHAKTI and India Semiconductor Mission 2.0131415
The Budget announced a Rs 10,000 crore five-year Biopharma SHAKTI scheme to build a biologics manufacturing hub and the launch of India Semiconductor Mission 2.0 after the first phase.
- Biopharma SHAKTI: Rs 10,000 crore over five years, focused on biologics and biosimilars
- Includes three new NIPERs and 1,000+ accredited clinical trial sites
- India Semiconductor Mission 2.0 announced as the follow-on to ISM 1.0 (outlay not clearly stated; the Rs 40,000 crore figure belongs to the Electronics Components Manufacturing Scheme)
- ISM 1.0 approved in December 2021
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