The ₹1.27 lakh crore India Semiconductor Mission 2.0 aims to transform India into a global semiconductor powerhouse. By fostering chip design, fab establishment, and ATMP infrastructure, it strengthens technological sovereignty, drives economic growth, and mitigates global supply chain dependencies.
Click to View MoreIndia Semiconductor Mission 2.0, announced in Budget 2026–27 with an allocation of ₹1,000 crore, aims to strengthen domestic semiconductor manufacturing, develop indigenous equipment and materials, promote full-stack chip design, and build a skilled workforce. Building on the progress of earlier initiatives, the mission focuses on advanced manufacturing, supply chain resilience, and industry-led innovation. With a rapidly growing domestic market expected to reach $100–110 billion by 2030, ISM 2.0 seeks to reduce import dependence, meet 70–75% of India’s chip demand by 2029, and position the country as a trusted global semiconductor hub.
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