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
Budget 2026: Semiconductor Mission 2.0 Powers India’s Tech Self-Reliance
Finance Minister Nirmala Sitharaman announced the launch of India Semiconductor Mission (ISM) 2.0 during her Union Budget 2026 speech, building on the success of ISM 1.0 that significantly expanded India’s semiconductor sector capabilities. This ambitious upgrade targets equipment production, materials development, full-stack design with indigenous IP, and fortified supply chains.
