India unveils a Rs 1.5 trillion plan to boost its semiconductor ecosystem, offering a 12-year support window under the expanded India Semiconductor Mission (ISM).
The current period is 5 years
May 20, 2026
01:33 pm
What's the storyThe Indian government is mulling an extension of the second phase of the India Semiconductor Mission (ISM) to up to 12 years, senior officials have told Business Standard.
The proposed change would be a major shift from the current five-year period, and is aimed at bolstering firms supplying raw materials and components to semiconductor fabrication and packaging units.
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