Decoding the $20 bn proposal: What India Semiconductor Mission 2.0 means for the chip industry

India’s Semiconductor Mission 2.0, backed by a $20B proposal, marks a strategic shift towards building a full-stack ecosystem, from fabs to ATMP/OSAT, design, and workforce development. This move reinforces India’s ambition to emerge as a global semiconductor hub, addressing surging chip demand and driving industrial growth.