India Set to Ramp Up Semiconductor Push with ISM 2.0 in Upcoming Budget

India plans to launch ISM 2.0 by March-end, expanding semiconductor incentives to include mature and advanced nodes for a sustainable ecosystem.

Feb 1, 2026 - 23:14
Feb 11, 2026 - 01:53
India Set to Ramp Up Semiconductor Push with ISM 2.0 in Upcoming Budget
India's semiconductor push with ISM 2.0.

The government is preparing to roll out the India Semiconductor Mission (ISM) 2.0 by March-end, with approvals for new proposals expected by February 2026. The next phase will broaden the mission's scope.