ISM 2.0 marks ‘Landmark Year’ for India’s semiconductor push: MeitY Secretary S Krishnan

New Delhi [India], 30 July (ANI): India’s semiconductor sector is entering a “landmark year,” with the government formally rolling out the India Semiconductor Mission 2.0, backed by an outlay of Rs 1,27,500 crore, S Krishnan, Secretary, Ministry of Electronics and Information Technology (MeitY), said while speaking at the CII Conference on Advancing Atmanirbharta in Semiconductor Design and Manufacturing.

Describing 2026 as a turning point for the industry, Krishnan noted that Prime Minister Narendra Modi has already inaugurated three semiconductor units — Micron’s facility and Tata’s plant at Sanand, along with CG Power, all of which have moved into commercial production.