India’s Semicon 2.0 and mobile incentives sharpen the domestic electronics supply-chain push
July’s economic review highlighted a ₹1.27 lakh crore Semicon 2.0 outlay, ₹62,500 crore in mobile-phone manufacturing incentives and CG Semi’s ₹7,500 crore Sanand OSAT investment—measures that could deepen local electronics production and sourcing.
India’s July economic review highlighted Semicon 2.0, mobile-phone manufacturing incentives and a new CG Semi facility, strengthening electronics supply chains. It also cited rising EV adoption, domestic rare-earth magnet plans, shipbuilding support and India’s first hydrogen fuel-cell train.
Why this matters
The measures extend India’s recent electronics-industry momentum: mobile PLI has catalysed ₹96,000 crore in investment, while mobile exports reached ₹2.59 lakh crore, up 165x since 2014-15.
retail-company is accelerating, up +409167% QoQ.