New Delhi, Aug. 23 -- The Ministry of Electronics and Information Technology (MeitY) has initiated discussions with the Finance Ministry regarding Semicon 2.0, the next phase of India's Semiconductor Programme, according to Secretary S. Krishnan during a recent press briefing.

Krishnan announced that ten projects have received approval under India's Semiconductor Mission, with the country poised to produce its first domestically manufactured semiconductor chip this year.

This milestone represents a significant step forward in India's efforts to establish itself as a key player in the global semiconductor manufacturing landscape.

The initial phase of the programme, known as Semicon 1.0, has a total allocation of Rs 75,000 crore, which h...