NEW DELHI, India - India has launched the Semicon 2.0 web application portal and approved 12 new electronics manufacturing projects worth a projected ₹7,503 crore, including projects in Punjab, in a push to build the country’s semiconductor and electronics supply chain at home.
Union Minister Ashwini Vaishnaw launched the portal on November 6 for Pillars 2, 3 and 4 of the Semicon India Programme: machines and materials, more fabs, and further strengthening of the ATMP and OSAT industry, which handles assembly, testing, marking and packaging of chips. Applications are now live for those three pillars.
The 12 newly approved projects fall under the Electronics Components Manufacturing Scheme. They carry a projected investment of ₹7,503 crore, projected production of ₹39,045 crore and an expected 7,127 direct jobs. The approvals cover multi-layer printed circuit boards, relays, heat sinks and specialty ceramics; copper foil, anode material, cathode active material, polypropylene film and camera rims; and capital goods and their parts. Copper foil, cathode active material and specialty ceramics are first-time approvals under the scheme.
The approved projects are spread across seven states: Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Punjab, Tamil Nadu and Uttar Pradesh. Nearly half of the units approved under the scheme belong to small and medium enterprises.
With the new approvals, 118 applications covering 34 products across 16 states have now been approved under the scheme, amounting to expected investment of ₹77,051 crore, projected production of ₹5,73,146 crore and expected direct employment for 81,755 people. All of these figures are projections, not realised production or jobs.
Semicon 2.0 carries a fiscal outlay of ₹1,27,500 crore, approved by the Union Cabinet on July 15, 2026. Under the first phase of the program, 12 projects were approved across six states with cumulative investment of more than ₹1.64 lakh crore, and five of those had begun commercial production by October 2026. A crore is 10 million rupees.
Vaishnaw said the launch and the approvals mark “a significant step towards strengthening India’s semiconductor design and manufacturing capabilities,” and said India’s electronics journey has moved beyond assembly towards a domestic value chain covering modules, components, materials and advanced technologies.
For Surrey’s Punjabi community, the Punjab connection is direct: the state is one of the seven hosting new approvals, and the scheme’s focus on small and medium enterprises mirrors the family-business economy many Surrey households know from Punjab.
(Source: Press Information Bureau release, November 6, 2026)
