India Semiconductor Mission 2.0:
The Union Budget 2026–27 marked a decisive step in India’s technology strategy with the announcement of India Semiconductor Mission (ISM) 2.0. Building on the ecosystem created under ISM 1.0, the new phase reflects a transition from policy formulation and capacity creation to consolidation, technological depth, and global integration. ISM 2.0 aims to position India as a reliable and competitive player in the global semiconductor value chain while advancing the goals of Aatmanirbhar Bharat and Make in India–Make for the World. A budgetary provision of ₹1,000 crore has been made for FY 2026–27 to support this objective.
