India Semiconductor Mission
India launched the Semiconductor Mission to build a domestic chip manufacturing ecosystem, recognising that semiconductors are foundational to modern economies and national security. The original mission offered up to 50% fiscal support for setting up semiconductor fabrication, display manufacturing, and packaging units in India.
- India Semiconductor Mission 2.0 was announced in the Union Budget 2026-27 with an outlay of Rs 8,000 crore.
- India now has 10 approved semiconductor projects across six states, including its first commercial Silicon Carbide fab in Odisha.
- Five semiconductor production units are currently under construction.
- By 2029, India aims to design and manufacture chips for 70-75% of domestic applications.
- The next phase targets advanced manufacturing capability at 3-nanometre and 2-nanometre technology nodes.
● Tracked since February 20, 2026 · last seen April 20, 2026 · updates as the daily brief publishes
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