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 is setting its sights on manufacturing 3-nanometre and eventually 2-nanometre chips by the early 2030s as part of the next phase of its semiconductor push, Ashwini Vaishnaw, Minister for Electronics and Information Technology, stated while interacting with startups supported under the Design Linked Incentive