India Launches Semicon 2.0 Portal and Approves 12 Projects to Boost Semiconductor Ecosystem

India's Ministry of Electronics and Information Technology (MeitY) has launched the Semicon 2.0 Web Application Portal and announced 12 approved applicants under the Electronics Components Manufacturing Scheme (ECMS). This initiative, part of the second phase of the India Semiconductor Mission (ISM) with an outlay of approximately ₹1,27,500 crore over six years, aims to develop a comprehensive semiconductor and electronics ecosystem in the country.