New Delhi, Aug. 22 -- The Ministry of Electronics and Information Technology (MeitY) has begun work on the next phase of India's semiconductor programme, Semicon 2.0, and is currently holding discussions with the Ministry of Finance and other stakeholders to finalise its contours.

Confirming the development, MeitY Secretary S Krishnan said 'Semicon 2.0' is in the pipeline.

Semicon 2.0 will build on the momentum created under the first phase.

The announcement comes ahead of Semicon India 2025, scheduled to be held from September 2-4 at Yashobhoomi, Delhi. Prime Minister Narendra Modi will inaugurate the event on September 2.

Under India Semiconductor Mission, or Semicon 1.0, the government had made an outlay of Rs 76,000 crore for the ...