Electronics Manufacturing Outlay Doubles to ₹40,000 Crore
Finance Minister Nirmala Sitharaman announced doubling the Electronics Components Manufacturing Scheme outlay from ₹22,999 crore to ₹40,000 crore in Union Budget 2026, building on doubled investment commitments from the April 2025 launch. This capitalizes on proven success to fortify India’s electronics value chain. ISM 2.0 Launch for Semiconductor Self-Reliance India
Union Budget 2026: India Semiconductor Mission 2.0 Accelerates Chip Self-Reliance
Finance Minister Nirmala Sitharaman launched India Semiconductor Mission (ISM) 2.0 during her Union Budget 2026 presentation, backed by a substantial ₹40,000 crore outlay to capitalize on ISM 1.0’s success in expanding domestic semiconductor capabilities. Advanced Manufacturing and IP Focus ISM 2.0 targets production of critical equipment and materials, full-stack chip
