Following the Union Cabinet’s approval of the second phase of the second phase of the India Semiconductor Mission (ISM 2.0), the Ministry of Electronics and Information Technology notified the detailed scheme on 31 August 2026.
This move significantly expands the Government’s commitment to building a globally competitive semiconductor ecosystem through long-term fiscal support and strategic investments. ISM 2.0 moves beyond capacity building, towards vertical integration across the entire semiconductor value chain.
Please read further for detailed category-wise provisions, potential beneficiary sectors, and how BDO India can help you assess opportunities and navigate the incentive landscape.
