India, Feb. 1 -- Ashok Chandak, President, IESA, presented his views on the Union Budget 2026-2027 today.

He said the Union Budget announced today represents a strong continuation of the momentum built under India Semiconductor Mission (ISM), ECMS, PLI, DLI, C2S and other ESDM initiatives over the past year. India has demonstrably transitioned from aspiration to credibility, establishing itself as a credible and investible destination for electronics and semiconductor manufacturing. The budget offers strong policy continuity and support as the ecosystem enters a crucial phase of execution and scaling.

Announcement of ISM 2.0 as a semiconductor push

The Finance Minister's statement on ISM 2.0 is a very important signal for India's semic...