Prime Minister Narendra Modi has set an ambitious USD 500 billion target for the country's electronics sector. At present, the electronics manufacturing sector is estimated to be about USD 150 billion, growing at a rapid pace over the past decade.
The central government will soon unveil the Semicon 2.0 program, having a much-expanded scope than the Semicon 1.0, announced Union Minister for Electronics and Information Technology on the sidelines of the Semicon India 2024 on Wednesday.