New Delhi, Feb. 5 -- The Government of India plans to sustain the growth of the domestic semiconductor industry through the upcoming launch of the India Semiconductor Mission (ISM) 2.0.

"The announcement on the India Semiconductor Mission 2.0, I think is very timely and significant, and will ensure that the momentum which we have had, which we have built up through the India Semiconductor Mission 1.0, will get sustained for a further period of five to six years," said S Krishnan, Secretary, Ministry of Electronics & Information Technology (MeitY).

Speaking to the media, he stated that the second phase of the mission will build upon the momentum generated by the initial program. Krishnan noted that the Prime Minister has already indicate...