New Delhi, Jan. 22 -- As Finance Minister Nirmala Sitharaman readies the Union Budget 2026, India's semiconductor sector hopes to get more fiscal and policy support.

The expectations stem from the fact that government is according top priority to developing chip manufacturing ecosystem in the country and making it globally competitive as part of India Semiconductor Mission, reported The Economic Times.

Union IT Minister Ashwini Vaishnaw recently announced that India aims to rank among the world's top four semiconductor manufacturing nations by 2032, with Micron, Tata, Kaynes, and CG Semi set to start commercial production in 2026.

Policy and Budget Support Key

Industry experts note that Budget 2026 will determine whether ISM evolves f...