India doubles down on semiconductor push with ISM 2.0
The 2026-27 budget allocated ₹1,000 crore for ISM 2.0; the IT ministry has separately sought about ₹1 lakh crore in additional funding for the mission, with ₹1,000 crore specifically for the next phase of the India Semiconductor Mission (ISM).
This follows a hefty first-phase investment and shows the government is serious about making India a global chip player.
What does this mean for you?
This move isn't just about tech: it's about jobs, innovation, and putting India on the world map for electronics.
ISM 2.0 will fund research labs, help startups design next-gen chips, and is projected to generate about 1,500 jobs in FY2026-27.
With more money flowing into R&D and support for homegrown companies (like Tata-Powerchip's Gujarat fab), there are fresh opportunities for young engineers, entrepreneurs, and anyone passionate about tech to be part of something big.