India's Rs 1.25 Lakh‑Crore Chip Mission Boost Sends Semiconductor Stocks Higher
The Expenditure Finance Committee approved a Rs 1.25 lakh‑crore budget for India Semiconductor Mission 2.0, prompting a rally in semiconductor‑linked stocks. CG Power, Kaynes Technology and MosChip jumped 2‑4%, signaling investor optimism that the funding will jump‑start domestic chip manufacturing and supply chains.