The Fortune Post
Business & Finance

Semicon 2.0 Portal Opens as India Approves 12 More Electronics Projects Worth ₹7,503 Crore

Rajendra Pal | Saturday, 7 November 2026 | 09:46 PM IST

NEW DELHI, November 7, 2026 — The Centre has launched the application portal for the second phase of the India Semiconductor Mission and approved 12 additional projects under its Electronics Components Manufacturing Scheme, committing a further ₹7,503 crore in proposed investment across seven states. The projects are expected to generate production worth ₹39,045 crore and create 7,127 direct jobs, according to the Ministry of Electronics and Information Technology (MeitY).

Electronics and Information Technology Minister Ashwini Vaishnaw launched the Semicon 2.0 web application portal on Friday, November 6. Applications are now open for three parts of the programme covering machines and materials, new semiconductor fabrication facilities, and the strengthening of assembly, testing, marking and packaging capabilities. The ministry said the portal is designed to accept complete applications rather than placeholder submissions.

The 12 newly approved Electronics Components Manufacturing Scheme (ECMS) projects cover products ranging from multi-layer printed circuit boards and relays to copper foil, battery materials and speciality ceramics. Their projected investment is additional to 106 applications approved earlier under the scheme. The latest announcement takes the total number of approved applications to 118, across 34 products and 16 states, according to the government’s programme figures.

Also read: Cabinet Approves ₹2,814 Crore Scheme to Build India’s Lithium and Nickel Processing Capacity

The approvals cover 10 target segments. Four are component categories: multi-layer printed circuit boards, relays, heat sinks and speciality ceramics. The supply-chain approvals include copper foil, anode material for lithium-ion cells, cathode active material, polypropylene film and camera rims. The remaining category covers capital goods and their parts, which are used in manufacturing operations.

The government described the approvals for copper foil, cathode active material and speciality ceramics as first-time approvals under ECMS. Copper foil is an input used in copper-clad laminates for printed circuit boards and lithium-ion cells. Anode and cathode active materials are core components of rechargeable batteries, while polypropylene film is used in capacitor-grade applications. These materials sit further upstream in the electronics and battery supply chain than the finished devices most consumers purchase.

The approved projects are spread across Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Punjab, Tamil Nadu and Uttar Pradesh. MeitY said the projects are expected to produce ₹39,045 crore worth of goods and create 7,127 direct employment opportunities. Those figures are projections attached to the approved proposals; they are not current production or jobs already created. Actual delivery will depend on construction, equipment installation, access to technology and materials, financing and market demand.

The second phase of the India Semiconductor Mission has a stated fiscal outlay of ₹1,27,500 crore and is structured around six strategic pillars: chip design, machines and materials, additional fabrication capacity, assembly and testing, research and development, and talent development. The new portal initially opens applications for pillars two, three and four. The government says it wants serious applicants with complete plans and the technical capability to execute projects.

The portal launch is intended to move the programme from policy design towards project applications. A semiconductor facility is capital-intensive and depends on specialised equipment, process technology, reliable utilities, skilled personnel and a network of suppliers. The government’s emphasis on complete applications reflects the need to assess not only the proposed investment but also whether applicants can secure the technology and approvals needed to operate a facility.

India’s first phase of the semiconductor programme had approved 12 projects across six states, with cumulative investment of more than ₹1.64 lakh crore, according to the ministry. Five of those projects had begun commercial production by October 2026. The figures indicate progress, but they also show why the distinction between approvals, construction and commercial output matters when evaluating industrial policy.

The ministry’s cumulative ECMS figures put the 118 approved applications at a combined projected investment of about ₹77,051 crore, expected production of ₹5,73,146 crore and 81,755 direct jobs. Those are programme estimates, not audited results. They should not be compared with current national manufacturing output without accounting for the stage each project has reached and the period over which the forecast applies.

Component manufacturing can reduce dependence on imported parts and strengthen domestic supply chains, but the outcome depends on quality, scale and cost. Indian manufacturers must be able to supply components that meet international specifications and delivery schedules. A factory that is announced but not yet operational does not immediately reduce imports, and a project that produces only a small volume may have a limited effect on the broader market.

The 12 projects also illustrate the importance of materials that are not always visible in the final product. A phone, computer, electric vehicle or communications system depends on a chain of circuit boards, films, battery materials, thermal components and manufacturing equipment. Expanding domestic production across those inputs can make supply chains more resilient, but it requires long-term investment and dependable demand from downstream manufacturers.

The next milestones will be the applications received through the Semicon 2.0 portal, the technical and financial scrutiny of proposals, and the movement of approved ECMS projects towards construction and production. The ministry has said the new process will screen out incomplete or non-serious proposals. The test of the programme will be whether the announced investment translates into functioning facilities, competitive components and jobs that materialise on schedule.

Related reading