India Semiconductor Mission 2.0 focuses on which key objective?

  • A.Building new semiconductor fabrication plants
  • B.Exporting raw silicon materials globally
  • C.Focusing solely on chip assembly and testing
  • D.Producing semiconductor equipment and materials, designing full-stack Indian IP, and strengthening supply chains

Detailed Solution:

Correct Answer: Producing semiconductor equipment and materials, designing full-stack Indian IP, and strengthening supply chains

India Semiconductor Mission 2.0 (announced in Union Budget 2026-27) builds on ISM 1.0 by shifting focus from initial ecosystem creation and fab setup to deeper capabilities: domestic production of equipment and materials, full-stack Indian semiconductor intellectual property (IP), resilient supply chains, and industry-led R&D/training centers. With ₹1,000 crore allocated for FY 2026-27, it aims to position India as a competitive global player, targeting advanced nodes (3nm/2nm) by 2035 and technological self-reliance.

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