New Delhi, April 1 (IANS) The government has adopted a structured and targeted policy for electronics manufacturing across the entire value chain including semiconductors and electronic goods production rose six times in a decade, an official statement said on Wednesday.India’s electronics manufacturing sector has expanded significantly over the past 11 years.The electronic goods production rose to about Rs 12 lakh crore in 2024‑25 from roughly Rs 1.9 lakh crore in 2014‑15. Exports of elec…
Latest India Semiconductor Mission 2.0 News & Updates
Jaipur, March 24 (IANS) Advancing on the path of technological progress and economic growth, the Rajasthan government, on Tuesday, unveiled the document for “Rajasthan Semiconductor Policy-2026”, government officials said. Recognising the semiconductor industry as the backbone of modern technology and a key driver of the global economy, the policy aims to significantly boost investment, generate employment, and promote skill development and technological innovation across the state, officials ad…
New Delhi, March 18 (IANS) India is emerging as a key player in the global semiconductor ecosystem, not because of large chip manufacturing plants, but due to its strong pool of engineering talent and growing design capabilities, a report has said.For years, countries like Taiwan and South Korea have dominated discussions around semiconductor alliances because of their advanced fabrication facilities, while Japan has been known for its strength in materials and equipment.In comparison, India has…
New Delhi, Feb 23 (IANS) Women have been the biggest beneficiaries under the ‘Make in India’ initiative which created lakhs of direct and indirect jobs, Union Minister Ashwini Vaishnaw said on Monday.IT Minister said that ‘Make in India’ initiative has created jobs and provided skilling at an unprecedented scale.The Apple ecosystem alone has created at least 250,000 direct jobs, with 70 per cent beneficiaries being women. Moreover, the ecosystem has generated at least 7,50,000 indirect j…
Mumbai, Feb 14 (IANS) The tax holiday for foreign cloud service providers aims to “provide investment certainty, anchor high-value digital infrastructure within the country, and strengthen India’s role in global digital value chains,” the government said on Saturday.The Government has announced a tax holiday till 2047 in Budget 2026-27 for eligible foreign cloud service providers operating through India-based data centre infrastructure. Such companies’ income will be exempt from Indian t…
New Delhi, Feb 5 (IANS) India’s fiscal strategy has undergone a clear and deliberate shift over the past decade, with the expenditure mix increasingly oriented towards capital-led growth, according to a new report.Notably, the FY27 Budget reinforces this trajectory, reflecting the government’s conviction that durable growth, private investment crowding-in, and macroeconomic stability are best achieved through sustained public capital formation rather than short-term fiscal stimulus. As a res…
New Delhi, Feb 4 (IANS) Government has approved 10 projects currently in various stages of pilot production, with envisaged investments of about Rs. 1.6 lakh crore and four having started production, Union Minister of State for Electronics and Information Technology Jitin Prasada said in a written reply in Lok Sabha on Wednesday.The approved projects include two fabs and eight packaging units such as CMOS (silicon) fabs, a silicon carbide fab, advanced packaging and memory packaging units. As ma…
New Delhi, Feb 1 (IANS) Industry body Nasscom on Sunday hailed the Union Budget 2026 for its thrust on technology as a core driver of inclusive, sustainable growth.Finance Minister Nirmala Sitharaman, in her ninth consecutive Budget, presented a forward-looking and consultative Budget that reinforces the partnership between government and industry.“The Budget reflects a continued focus on ease of doing business and on strengthening India’s position as a global technology and services powerho…
New Delhi, Feb 1 (IANS) Industry leaders on Sunday welcomed the Union Budget 2026–27 for its emphasis on skilling, innovation, Electronics Component and Manufacturing Scheme (ECMS) and semiconductors, adding that it will make India a global electronics manufacturing hub.Sunil Bharti Mittal, Founder and Chairman, Bharti Enterprises called the Budget “bold” for combining growth with inclusion. The strong emphasis on skilling, alongside sustained investments in science, innovation, and research a…