· Semiconductor & Electronics · Source: thehindubusinessline.com

ISM 2.0 to build on ‘pari passu’ model as India pushes for chip self-reliance

India Semiconductor Mission will continue using the “pari passu” co-investment model under ISM 2.0 to strengthen India’s semiconductor manufacturing ecosystem while ensuring disciplined fiscal management. The model links government incentives directly to companies’ capital investments, reducing risks of delays and cost overruns. The policy supports India’s broader strategy to achieve semiconductor self-reliance, attract global partnerships, and reduce dependence on imported chips through sustained domestic manufacturing growth.

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