India has significantly expanded its semiconductor ambitions after the Union Cabinet approved the India Semiconductor Mission (ISM) 2.0 with a budget outlay of ₹1.27 lakh crore. The programme aims to strengthen the country’s semiconductor design and manufacturing ecosystem, deepen domestic capabilities and reduce reliance on imported
India is preparing to broaden its semiconductor push under Semicon 2.0, with the government planning to extend financial support well beyond chip fabrication plants. The next phase of the India Semiconductor Mission (ISM) is expected to cover more parts of the semiconductor value chain, including chip
India’s Finance Ministry's Expenditure Finance Committee (EFC) has approved a proposed outlay of ₹1.25 lakh crore for the India Semiconductor Mission (ISM) 2.0. The proposal will now be moved to the Union Cabinet for final approval. The proposed investment exceeds ₹76,000 crore, a reserve from the
India plans to extend the tenure of the India Semiconductor Mission (ISM) 2.0. The centre is considering a 12-year implementation window rather than the current five-year framework. The progress comes as New Delhi eyes sharpening its long-term semiconductor manufacturing and supply chain strategy. The move is aimed
The Indian government is preparing to roll out the second phase of its semiconductor incentive programme with a proposed outlay of ₹1.2 lakh crore. With the plan ready, the government aims to strengthen domestic chip manufacturing and design capabilities. The move comes as part of the
India has moved a step forward in its semiconductor strategy. The global chipmaker Qualcomm unveiled a two-nanometre (nm) chip designed in India, focusing on the nation’s role in advanced chip-making. The development comes post the government’s new initiative to diversify domestic semiconductor capability. Union Minister Ashwini
Finance Minister Nirmala Sitharaman is currently delivering the Union Budget 2026–27 live in Parliament, marking her ninth consecutive budget presentation, and the country is closely watching every major announcement as it unfolds. As the live coverage continues, one of the standout policy thrusts revealed is the