Punjab, Sept. 21 -- The Prime Minister inaugurated SEMICON India 2026 on 17 September and put a number on the second phase: India Semiconductor Mission 2.0 has an outlay of $13.5 billion, against $8 billion in the first phase. Twelve chip projects have been approved so far.
What the numbers say
An outlay that grows from $8 billion to $13.5 billion between phases is a government that has decided the first phase worked well enough to enlarge. That is a judgement about pipeline, not about output - almost none of the approved capacity is producing yet.
The theme, "Silicon to Systems: Building the Ecosystem", is the same argument the outlay makes. The money is no longer aimed only at individual chip projects.
The commitments
The electronics...