ISM 2.0 to build wider semiconductor ecosystem
India has now achieved a significant milestone in its push to manufacture chips, with five domestic semiconductor units already built and in production, according to Electronics and Information Technology Ministry Secretary S Krishnan. The next phase of the India Semiconductor Mission (ISM 2.0) will leverage this manufacturing capacity to develop a broader domestic semiconductor ecosystem, encompassing the various capabilities and industries necessary to support chip production in the country.
Speaking at SEMICON India 2026, Krishnan noted that 2026 is a landmark year for India's semiconductor ambitions, given that five units have reached the manufacturing and production stage. ISM 2.0 aims to build on this foundational manufacturing capacity by fostering a comprehensive ecosystem around the mission's first phase. Krishnan emphasized the importance of this ecosystem approach, stating that the mission will develop the entire semiconductor value chain within India.
The increasing participation at SEMICON India 2026, with nearly 600 companies, including 300 overseas entities, and over 40,000 delegates from 52 countries, reflects growing international confidence in India as a future semiconductor manufacturing destination. The five-day convention, themed "Silicon to Systems: Building the Ecosystem", runs from September 17 to 19 at the Yashobhoomi Convention Centre in Delhi.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
