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Semicon 2.0 portal opens; 12 electronics parts projects cleared

Companies can now apply online for Semicon 2.0 support, and 12 new electronics parts projects got the green light.

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Graphic: Semicon 2.0 portal opens; 12 electronics parts projects cleared
Graphic: Semicon Weekly
In short
  • IT minister Ashwini Vaishnaw launched an online portal to apply for Semicon 2.0 support.
  • The support is for chip machines and materials, new fabs and packaging plants; he said only serious companies should apply.
  • The government also approved 12 electronics parts projects worth ₹7,503 crore, expected to create 7,127 direct jobs in 7 states.

Key numbers

₹7,503 crValue of 12 electronics parts projects
7,127Direct jobs expected
7States with the projects

What happened

Why it matters

Why this is useful

  • An online portal makes it clear how companies can apply for government support.
  • Electronics parts made in India reduce the need to import them.

Why it is good for freshers

  • New fabs, packaging plants and parts factories will need engineers and technicians, so manufacturing skills are becoming a real job path in India.
  • Learn the basics of how chips and electronics parts are made, tested and packaged.
  • Diploma holders and B.E. graduates can both find roles in these plants.

Why it is good for India

  • Semicon 2.0 aims to build more of the chip supply chain at home, not only factories.
  • Thousands of direct jobs in 7 states spread electronics work beyond the big cities.

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Sources

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