Union Budget 2026: Nirmala Sitharaman announces India Semiconductor Mission 2.0
Finance Minister Nirmala Sitharaman on Tuesday announced the second edition of the India Semiconductor Mission (ISM 2.0) in her Budget speech, aimed at strengthening India’s semiconductor ecosystem.
The minister said the new phase of the mission will focus on producing equipment and materials, designing full-stack Indian intellectual property (IP), and fortifying semiconductor supply chains. She also emphasised the government’s push to develop technology capabilities and a skilled workforce.
