India Restricts Asset Sales for Semicon 2.0 Chip Plants

India has introduced new guidelines for its Semicon 2.0 program, prohibiting chip plants from selling, disposing of, or mortgaging project assets until commercial production is fully declared. These rules, issued on September 17, 2026, attach strict lock-in conditions to the INR1.27 trillion (US$13.22 billion) incentive scheme. The aim is to ensure long-term commitment and stability in India's growing semiconductor manufacturing sector.