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
