National News

India Semiconductor Mission 2.0

May 26 , 2026 14 hrs 0 min 29 0

The Central Government is considering extending the tenure of India Semiconductor Mission (ISM) 2.0 from 5 years to 12 years to strengthen domestic semiconductor manufacturing and supply chains.
The extended timeline aims to support Micro, Small and Medium Enterprises (MSMEs) in becoming suppliers for global semiconductor companies.
The mission focuses on developing India’s semiconductor ecosystem, including chip manufacturing, packaging, and raw material supply chains.
The longer incentive period is expected to help firms improve quality, scale, and competitiveness in the semiconductor sector.
The India Semiconductor Mission was launched to promote domestic semiconductor and display manufacturing in India.