The Economic Times

Union Budget 2026: Sitharaman unveils India Semiconductor Mission 2.0; focus shifts to equipment, IP and supply chains

ISM 2.0 Union Budget 2026: India is launching the second phase of its semiconductor mission. This initiative aims to produce equipment and materials, design Indian intellectual property, and strengthen supply chains. Building on the success of the first phase, this expansion will focus on industry-led research and training centres.