FM Nirmala Sitharaman launches India Semiconductor Mission 2 in Union Budget 2026: Key points and what it means for IT industry
India is launching the India Semiconductor Mission 2.0. This program aims to boost the production of equipment and materials. It will also focus on developing Indian intellectual property and strengthening supply chains. Industry-led research and training centers will develop technology and a skilled workforce. Tax holidays are also proposed for foreign cloud service providers using Indian data centers.
India is launching the India Semiconductor Mission 2.0. This program aims to boost the production of equipment and materials. It will also focus on developing Indian intellectual property and strengthening supply chains. Industry-led research and training centers will develop technology and a skilled workforce. Tax holidays are also proposed for foreign cloud service providers using Indian data centers.
