The Times of India

Union Budget 2026: FM Sitharam launches 'India Semiconductor Mission 2.0'all you need to know

Finance Minister Nirmala Sitharaman unveiled India Semiconductor Mission 2.0 with a Rs 40,000 crore outlay to boost chip production, design, and workforce development. Additionally, a Rs 10,000 crore Shakti initiative aims to build the semiconductor ecosystem. The budget also prioritizes pharmaceutical advancements with new NIPERs and clinical trial networks, alongside support for rare earth manufacturing corridors.