New Delhi, Aug. 31 -- Companies seeking to participate in the government's Semicon 2.0 programme will have to meet specific technology, investment, revenue and capacity requirements, depending on the segment of the semiconductor value chain, according to the scheme notified by the Ministry of Electronics and Information Technology (MeitY) on Monday.

For strategic semiconductor design, companies must be incorporated and headquartered in India, have a significant operational and manpower presence in the country and be owned and controlled by Indian citizens. They can apply either independently or in partnership with global companies, research organisations and academic institutions.

For commercial semiconductor design, companies must also...