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.
