From The Economic Times · Muntazir Abbas · · 50s
India Semiconductor Mission 2.0 Boosts Self-Reliance
India's new semiconductor mission aims to boost self-reliance through design and IP creation.
In brief
India's new semiconductor mission aims to boost self-reliance through design and IP creation. India Semiconductor Mission 2.0 focuses on design and IP creation to make the country self-reliant in semiconductors. Originally reported by The Economic Times.
India Semiconductor Mission 2.0
The new phase focuses on design and intellectual property creation to complete the semiconductor value chain.
“Now in phase 2 of the India Semiconductor Mission 2.0, the scheme's focus is on design and IP creations. This will complete the value chain.”
NITI Aayog Official
Abhay Karandikar, Member of NITI Aayog, stated ISM 2.0 will catalyse huge investments and boost self-reliance.
“So when we have technology for the end-to-end value chain, then India will become truly Atmanirbhar (self-reliant)”
Union Budget 2026-27
The Centre launched India Semiconductor Mission 2.0 in the Union Budget 2026-27 to deepen domestic semiconductor capabilities.
“In the Union Budget 2026, 27, the Centre launched India Semiconductor Mission 2.0 to deepen domestic semiconductor capabilities”
Investment Focus
ISM 2.0 targets Rs 1,000 crore for FY 2026-27 to produce semiconductor equipment and materials in India.
“The new phase is focussed on producing semiconductor equipment and materials in India, as well as designing full stack Indian semiconductor intellectual property (IP)”
National Missions
The government created multiple national missions including India Semiconductor Mission to achieve technological sovereignty.
“In order to fully achieve technological sovernity, the Centre also created India Semiconductor Mission, National Quantum Mission, India AI Mission, National Green Hydrogen Mission, and the National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS)”
The essence
India Semiconductor Mission 2.0 focuses on design and IP creation to make the country self-reliant in semiconductors.
