Context: At SEMICON India 2026, India projected itself as a trusted global semiconductor-manufacturing hub; India Semiconductor Mission 2.0 (ISM 2.0) has an outlay of ₹1.27 lakh crore.
- ISM 2.0: Second phase of the India Semiconductor Mission, focused on strengthening India’s semiconductor ecosystem.
- Ecosystem covered: Chip design, manufacturing, semiconductor equipment, materials, testing and packaging.
- Chip-design pillar: ISM 2.0 targets support for at least 200 start-ups/firms, nearly twice the first phase.
- Skill development: Government plans to train over 1 lakh technicians in five years for electronics-manufacturing jobs.
- SEMICON India 2026: Platform bringing together global and Indian semiconductor and electronics companies.
- Industry projection: Global semiconductor industry estimated at >$1.3 trillion in 2026, potentially reaching $2 trillion by 2030.
- Applied Materials: Committed $5 billion over five years for expansion of its research and development centre and supply chain in India.
- Micron: Has commenced commercial production at Sanand, Gujarat, as part of India’s emerging semiconductor ecosystem.
- Semiconductor: Material whose electrical conductivity lies between that of a conductor and an insulator; commonly used in integrated circuits, memory chips, sensors and power electronics.
- Semiconductor value chain: Design → fabrication → assembly, testing, marking and packaging (ATMP); India has traditionally had greater strength in design than fabrication.
