India's Semiconductor Push (ISM & Ecosystem)

India has moved from buying almost all its chips abroad to building the first links of a home-grown semiconductor supply chain. Commercial output began in February 2026 when the Prime Minister opened Micron's memory assembly-and-test plant at Sanand, the first project cleared under the India Semiconductor Mission. The year's Union Budget then launched 'ISM 2.0', lifted the electronics-components scheme to a reported 40,000 crore rupees, and backed advanced-packaging and rare-earth-magnet units, while NITI Aayog set a 120-150 billion dollar ecosystem target for 2035. A Qualcomm 2-nanometre part unveiled in Bengaluru signalled that chip design has arrived too. This card tracks the schemes, plants and goals defining the push.