ISM 2.0 will shift from building fabs to building the ecosystem: MeitY Secretary Krishnan

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AI-generated summary of the coverage listed below: The India Semiconductor Mission 2.0 (ISM 2.0) will prioritize building the semiconductor ecosystem rather than constructing new fabrication plants. It will support packaging, research and development, and shop‑floor talent development, following the first phase’s early investment in fabs. The initiative aims to secure about $12 billion in investment commitments across equipment, materials, chemicals, assembly, testing, marking, packaging, substrates and wafers, strengthening India’s position in the global semiconductor supply chain. QUOTE: "India Semiconductor Mission 2.0 will back packaging, R&D and shop‑floor talent" — MeitY Secretary S Krishnan

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