ISM 2.0 to build wider semiconductor ecosystem

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Business News›Industry›Cons. Products›Electronics›India now has five semiconductor units in production, ISM 2.0 to build wider ecosystem: MeitY secretary
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India now has five semiconductor units in production, ISM 2.0 to build wider ecosystem: MeitY secretary
Synopsis
India now has five semiconductor units operational and producing chips. The India Semiconductor Mission's second phase will build a broader domestic ecosystem. This expansion focuses on developing capabilities across the entire chip value chain. SEMICON India 2026 shows significant international interest in India's chip ambitions. Over 600 companies and 40,000 delegates are attending the event.
ANIIndia now has five semiconductor units that have been built and are in production, marking a key milestone in the country's chip manufacturing push, Electronics and Information Technology Ministry Secretary S Krishnan said on Thursday.
The next phase of the India Semiconductor Mission (ISM 2.0) will build on this manufacturing capacity by developing a broader domestic semiconductor ecosystem, spanning the various capabilities and industries needed to support chip production in India, Krishnan said.
Also Read: Semicon India 2.0: Infineon CEO calls India key semiconductor market, expands workforce by 28%
“I think the ISM 2.0 builds on the success of ISM 1.0, where we have demonstrated to the world that five units have already been built, and they are under production right now,” Krishnan told ANI on the sidelines of SEMICON India 2026 in New Delhi.
He described 2026 as a landmark year for India's semiconductor manufacturing ambitions, with five units having reached the manufacturing and production stage.
“2026 is a landmark year for India in terms of five of these units being in manufacture and in production, and ISM 2.0, which takes an ecosystem approach, is truly an advancement. We would build the entire ecosystem in India under this,” he said.
ISM 2.0 is aimed at expanding the semiconductor ecosystem around the manufacturing capacity established under the mission's first phase, with a focus on building capabilities across the wider chip value chain.
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