SEMICON India 2026 Day 2 Highlights India’s Semiconductor Journey from Ambition to Execution at Scale
Day 2 of SEMICON India 2026 in New Delhi highlighted India's transition to an integrated semiconductor ecosystem through discussions on manufacturing, R&D, and global partnerships. Union Minister Ashwini Vaishnaw announced that ISM 2.0 will build on ISM 1.0 with six pillars, following the earlier phase achieving its goals ahead of schedule. The event featured international roundtables with Singapore, Europe, and South Korea, alongside numerous MoUs and strategic collaborations.
Why It Matters
This press release is relevant for civil services and competitive exams focusing on government technology missions, industrial policies, and international economic cooperation like the India Semiconductor Mission (ISM).
In Simple Words
The second day of SEMICON India 2026 at Yashobhoomi, New Delhi, gathered policymakers, industry leaders, startups, and researchers to discuss India's growing semiconductor ecosystem. Union Minister Ashwini Vaishnaw stated that India's semiconductor mission has progressed from intent to execution, noting that ISM 1.0 achieved its targets in four years instead of six.
Minister Vaishnaw announced ISM 2.0, which focuses on six pillars including design, machines and materials, and talent development. Day 2 also featured 25 MoUs and strategic collaborations, country roundtables with Singapore, Europe, and South Korea, and discussions on supply chains, research, and workforce development, drawing around 16,000 participants.
Key Points
- SEMICON India 2026 Day 2 was held at Yashobhoomi, New Delhi.
- Union Minister Ashwini Vaishnaw announced ISM 2.0 built on six pillars.
- ISM 1.0 achieved its objectives in four years instead of six.
- Five out of twelve approved plants under ISM 1.0 have commenced commercial production.
- More than 105 chip design startups gained access to EDA tools, with 20 securing venture capital funding.
- Around 70,000 chip-design engineers have been trained out of a target of 85,000.
- Day 2 witnessed 25 MoUs/Announcements and strategic collaborations.
- Around 16,000 participants attended the events on Day 2.
Exam Angle
A. Six pillars
Source: Press Information Bureau