Union Minister Ashwini Vaishnaw announced that India Semiconductor Mission 2.0 will prioritise indigenous chip design, attract ecosystem partners, and develop talent. The initiative aims to establish semiconductor manufacturing plants and produce chips as small as 2 nanometers.
Union Minister Ashwini Vaishnaw announced that India Semiconductor Mission 2.0 will focus on local chip design, productisation, and ecosystem partnerships. The initiative aims to nurture talent and establish semiconductor manufacturing plants targeting 2-nanometer node chips. The government is committed to fostering innovation in design companies and startups, aspiring to create the next Qualcomm from India.

The government has earmarked Rs 1,000 crore for ISM 2.0 for FY 2026-27. This funding will support industry-led research and training centres to advance technology and develop a skilled workforce. Finance Minister Nirmala Sitharaman has confirmed the launch of the second edition of the India Semiconductor Mission in the upcoming fiscal budget.
Focus on Talent Development
Vaishnaw highlighted the importance of talent development, stating that a target of creating 85,000 semiconductor-trained professionals over ten years has been set. Remarkably, within just four years, 67,000 engineers have already been trained. To support this, 315 universities and colleges have received EDA tools for chip design.
The minister emphasised the need to engage equipment, chemical, and gas manufacturers to enhance yield. The goal is to integrate the entire ecosystem under ISM 2.0 within the country. Vaishnaw noted that students are actively designing chips at the semiconductor lab in Mohali, validating their products.
Qualcomm's Role in India's Semiconductor Growth
Speaking at a Qualcomm event, Vaishnaw celebrated the development of a 2-nanometer chip by Qualcomm in India. He noted that India's role has evolved from back-office work to comprehensive product development, including customer product definition and final silicon design.
Qualcomm India President Savi Soin acknowledged India's contribution to global semiconductor innovation. "We look at where the best talent that we have," he said. "A lot of work is done also here in India." Qualcomm's statement highlighted India's expanding role in shaping global semiconductor advancements.
Qualcomm Technologies' engineering teams in India play a crucial role in design implementation, validation, AI optimisation, system integration, and architecture optimisation. These efforts support platforms and products used by billions worldwide.
The minister expressed optimism about India's growing capabilities in semiconductor development. He stressed that the entire process from product definition to validation is now being conducted within India, marking significant progress for the industry.
With inputs from PTI
More From GoodReturns

Indane, HP & Bharat Gas Cylinder Booking Rules: OTP Mandatory After LPG Refilling Gap Increased to 25-45 Days

Crash in Gold Rate in India by Rs 71,400 in Single Day; Will Gold Price Today Fall Below Rs 1.50 Lakh? Outlook

Gold & Silver Rates Today Live: MCX Gold Crashes By Rs 5,645, Silver Falls By Rs 16,540; 24K, 22K, 18K Gold

1:5 Split Soon? Vedanta Ltd To Consider 3rd Interim Dividend On March 23, Share Jumps; Record Date & Buy Call

Sleeper Vande Bharat Express New Routes Identified for Long Distance Travel

Gold & Silver Rates Today Live Updates: Will 24 Carat, 22 Carat, 18 Carat See Bullish Week Ahead?

Mega Gold Price Crash Alert! 24K Sinks Rs 1.36 Lakh/100 Gm In Week; Silver Sees Losses | March 23-27 Outlook

Gold & Silver Rates Today Live: MCX Gold Ends Above Rs 1.40 Lakh, Silver Up 1%; 24K, 22K, 18K Gold On March 24

Gold Rate Crashes Over Rs 1 Lakh in Single Day, Slips to Lowest Since January; Will Gold Price Today Decline?

Gold Price Crash May Fuel Jewellery Demand: Why Kalyan Jewellers Share Price Could Shine Despite 5% Dip

Fatal Crash In Gold Rates In India By Rs 1,03,200/100 Gm; Biggest Single-Day Fall In 24K, 22K, 18K Gold Prices



Click it and Unblock the Notifications