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Govt to fast-track next round of India Semiconductor Mission

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The government is planning to fast track approval of the next iteration of India Semiconductor Mission (ISM 2.0) with a cabinet note expected to be tabled by the end of October, government officials and industry executives said.

ISM 2.0 is likely to broaden the scheme’s support to include compound semiconductor fabs, advanced packaging, display fabs, capital equipment manufacturing, specialised chemicals & gas suppliers and fabless design companies, covering the entire semiconductor value chain, they said.

The industry has requested the government to…

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