India's Ambitious India Semiconductor Mission 2.0: A Roadmap to Self-Reliance

The Indian government has announced the India Semiconductor Mission 2.0 in the Union Budget 2026-27, aiming to boost domestic semiconductor manufacturing capabilities with a ₹1,000 crore budget. Building on the success of ISM 1.0, this new phase focuses on advanced manufacturing, supply chain fortification, and developing indigenous technology. The sector is expected to see significant growth, driven by large-scale investments and initiatives aimed at developing a skilled workforce.

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