India, Aug. 31 -- The government has notified the Semicon 2.0 scheme with an outlay of Rs 1.27 lakh crore aimed at strengthening India's semiconductor design and manufacturing ecosystem.

The scheme has been structured across six segments covering areas such as chip design by Indian companies, manufacturing of capital equipment required for semiconductor production, semiconductor fabrication units, and chip assembly, packaging and testing.

"The government has decided to provide ... sustained policy support to the semiconductor sector in India by notifying the Semicon 2.0 Scheme for the development of semiconductor design and manufacturing ecosystem in India," the government said in the notification.

Semicon 2.0 will provide fiscal suppo...