India’s Budget 2026-27 advances Semiconductor Mission 2.0, shifting from fabrication-focused incentives to a holistic ecosystem strategy. With enhanced ECMS support, it prioritizes domestic equipment and materials, full-stack IP development, and research and skilling infrastructure. The approach blends fiscal support with institutional reforms to build resilient, self-reliant semiconductor capabilities.
The article was authored by Vishnu Sudarsan, Partner, Priyanka Barik, Senior Associate, and S. Santosh, Associate, and was published in The Hindu Businessline (Print).
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