Ashwini Vaishnaw Launches Semicon 2.0 Portal and Announces 12 Additional ECMS Approvals Worth ₹7,503 Crore

Why in the News?

Union Minister for Electronics and Information Technology **Ashwini Vaishnaw** launched the **Semicon 2.0 web application portal** for the second phase of the Semicon India Programme and announced 12 additional approvals under the Electronics Components Manufacturing Scheme (**ECMS**), involving a projected investment of **₹7,503 crore**.

Key Features / Major Points:

- Production & Employment Impact:

- The newly approved projects are projected to generate production worth ₹39,045 crore and create **7,127 direct employment opportunities** across 7 states.

- Semicon 2.0 Outlay:

- The Union Cabinet has approved Semicon 2.0 with a massive financial outlay of **₹1,27,500 crore** under the India Semiconductor Mission (ISM) to build a robust domestic semiconductor ecosystem.

- Semicon 2.0 Portal Launch:

- Applications have officially opened for three strategic pillars: machines and materials (Pillar 2), additional fabrication facilities (Pillar 3), and ATMP/OSAT industry development (Pillar 4).

- Total ECMS Growth:

- With these 12 new additions, total approved applications under ECMS reached **118**, spanning 34 products across 16 states, envisaging total investments of ₹77,051 crore and 81,755 direct jobs.

---

Static GK Facts:

- India Semiconductor Mission (ISM):

- Formed as a specialized independent business division within the Digital India Corporation (DIC) to drive India's semiconductor strategy.

- Union Minister for Electronics and IT:

- **Ashwini Vaishnaw**.

One-Liner Quiz (All Competitive Exams):

Q: Which Union Minister launched the Semicon 2.0 portal?

A: Ashwini Vaishnaw

Q: What is the total financial outlay approved by the Union Cabinet for Semicon 2.0?

A: ₹1,27,500 crore

Q: How many total applications have now been approved under the ECMS scheme following the latest additions?

A: 118 applications

#Semicon2.0 #AshwiniVaishnaw #IndiaSemiconductorMission #ECMS #ElectronicsManufacturing #CurrentAffairs #StaticGK