Semiconductor Industry Demands Key Budget 2026 Incentives for Growth

• Semiconductor industry urges government to continue ISM 2.0 and DLI schemes for Budget 2026.
• Demands increased budget allocation for approved projects and timely disbursement of incentives for fabs and OSAT facilities.
• IESA President Ashok Chandak seeks amendments to 15% concessional manufacturing regime to include semiconductor fabs and advanced units.
• Industry advocates for shifting focus from volume-based manufacturing to domestic value addition, linking PLI benefits to localization.
• Calls for simplifying testing/certification, increasing government-supported centers, and reducing fees for startups/MSMEs.

Why It Matters: Semiconductor industry seeks continued incentives, increased allocation, and focus on domestic value addition in Budget 2026.