Union Budget 2026 reflects a clear architectural shift in India’s electronics manufacturing strategy—from assembly-centric models to design-led, semiconductor-aware, and AI-integrated hardware ecosystems. With ISM 2.0 and expanded component manufacturing incentives, India is reducing dependency on fragmented global supply chains.For engineers and product leaders, this creates a stronger foundation for Edge AI hardware, PCB design, and export-ready manufacturing. This breakdown of shows how Indian OEM/ODM players are becoming integral to global hardware roadmaps.