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Sign in to searchIndia Semiconductor Mission (ISM) 2.0
Context
The Expenditure Finance Committee (EFC) has approved a budget proposal of ₹1.25 lakh crore (about US$13.2 billion) for India Semiconductor Mission (ISM) 2.0. The proposal has been forwarded to the Union Cabinet for final approval. The mission aims to strengthen India's semiconductor manufacturing ecosystem and reduce dependence on imported chips.
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ISM 2.0 receives ₹1.25 lakh crore approval to strengthen India's semiconductor ecosystem, reduce import dependence, and achieve technological sovereignty by 2030.
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