Process for preparation of ISM 2.0 already underway, says MeitY’s Sushil Pal

New Delhi: With the Central Government commencing the groundwork for the India Semiconductor Mission (ISM) 2.0 following its announcement in the Union Budget, Sushil Pal, MeitY Joint Secretary, confirmed that the preparatory phase is active but noted that financial specifics are still under wraps.

Speaking on the sidelines of the Altos AI server launch program in Delhi, Pal stated, “Honourable FM has already announced the launch of the India Semiconductor Mission 2.0 in this budget. The process for preparation of the scheme is already on. It would be premature for me to say anything on the budget and the timeline at the moment.”