# India Semiconductor Mission 2.0 Boosts Self-Reliance

> India's new semiconductor mission aims to boost self-reliance through design and IP creation.
- Title: India Semiconductor Mission 2.0 Boosts Self-Reliance
- Summary: 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…
- Keywords: india semiconductor mission 2.0, atmanirbhar, intellectual property, chip fabrication, niti aayog, r&d investment, India, Semiconductor, Mission, Boosts, Self-Reliance, The Economic Times
- Source: The Economic Times — https://economictimes.indiatimes.com/industry/cons-products/electronics/ism-2-0-to-catalyse-investments-boost-self-reliance-niti-aayogs-abhay-karandikar/articleshow/134888568.cms
- Author: Muntazir Abbas
- Published: 2026-10-12T09:43:00+00:00
- Read time: 1 min
- Topics: india semiconductor mission 2.0, atmanirbhar, intellectual property, chip fabrication, niti aayog, r&d investment
## 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)
## Key takeaway

India Semiconductor Mission 2.0 focuses on design and IP creation to make the country self-reliant in semiconductors.