Government Initiatives PLI Scheme
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Current affairsSemicon 2.0 Notified: India's ₹1,27,500-Crore Semiconductor Mission Phase 2 — Indigenous Chip Design, 3-nm Roadmap, and Semiconductor SovereigntyThe Government of India formally notified Semicon 2.0 on August 31, 2026 — a ₹1,27,500-crore programme that expands the semiconductor ecosystem from chip assembly to indigenous design, intellectual property creation, advanced packaging, equipment, materials, research, and talent. India aims to domestically design and manufacture chips for 70–75% of its needs by 2029 and reach 3-nanometre and 2-nanometre technology nodes by 2035. Current affairsHindalco Commissions India's First Superfine PPT ATH Plant in Belagavi: Halogen-Free Flame Retardant and Atmanirbhar Specialty AluminaHindalco Industries (Aditya Birla Group) commissioned India's first greenfield Superfine Precipitated Aluminium Trihydrate (PPT ATH) manufacturing plant in Belagavi, Karnataka on August 27, 2026, with an initial annual capacity of 30,000 tonnes (expandable to 60,000 tonnes). PPT ATH is a halogen-free flame-retardant used in fire-safe cables, polymer insulators, and composites — previously entirely import-dependent. The plant runs entirely on renewable energy.