Budget 2026: Centre To Launch ISM 2.0, Increases ECMS Outlay To ₹40,000-Crore, Says FM Sitharaman

Описание: Budget 2026: Centre To Launch ISM 2.0, Increases ECMS Outlay To ₹40,000-Crore, Says FM Sitharaman

The government will roll out the India Semiconductor Mission 2.0 with an outlay of ₹40,000 crore to boost semiconductor equipment manufacturing and research, Finance Minister Nirmala Sitharaman announced in her Union Budget 2026 speech on Sunday.

"India's semiconductor mission 1.0 expanded India's semiconductor sector capabilities. Building on this, we will launch ISM 2.0 to produce semiconductor equipment and materials, develop full-stack Indian IP, and strengthen supply chains," she said.

The finance minister said the government will push "industry-led research and training centres" to promote innovation and build a skilled workforce in the semiconductor sector. These centres will work with companies to develop new technologies and train engineers and technicians needed for the fast-growing electronics and chip-making industry.
#unionbudget2026 #budget2026 #Semiconductormission
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