India to Become Semiconductor Hub: Mission 2.0 Launched with ₹40,000 Crore Investment
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News18•01-02-2026, 14:51
India to Become Semiconductor Hub: Mission 2.0 Launched with ₹40,000 Crore Investment
- •Finance Minister Nirmala Sitharaman announced India Semiconductor Mission (ISM) 2.0 in the budget to strengthen India's position in the global semiconductor and electronics value chain.
- •The budget for the Electronics Components Manufacturing Scheme (ECMS) has been increased to ₹40,000 crore, building on the success of ISM 1.0.
- •ISM 2.0 aims to create a comprehensive ecosystem, moving beyond assembly and testing to include equipment, materials, design, and full-stack Indian intellectual property.
- •The increased investment is expected to boost value addition in the electronics sector, reduce import dependence, and strengthen Indian manufacturers globally.
- •Industry leaders have welcomed the move, emphasizing the government's commitment to building a robust local supply chain and creating jobs.
Why It Matters: India launches ISM 2.0 with ₹40,000 crore investment to become a global semiconductor and electronics hub.
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