India Semiconductor Mission (ISM)

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The Union Cabinet approved four new semiconductor projects worth ₹4,594 crore under the ₹76,000-crore India Semiconductor Mission, to be set up in Odisha, Punjab, and Andhra Pradesh, enhancing India’s chip manufacturing and advanced packaging capabilities.

Description:

  • Nature: Specialized and independent Business Division within the Digital India Corporation.
  • Aim: Build a vibrant semiconductor & display ecosystem to make India a global hub for electronics manufacturing and design.
  • Powers: Has full administrative & financial powers to catalyse India’s semiconductor ecosystem in manufacturing, packaging, and design.
  • Advisory Board: Includes leading global experts in the semiconductor field.
  • Nodal Agency: For schemes under the Semicon India Programme.

Semicon India Programme:

  • Launch: 2021, under Ministry of Electronics & IT (MeitY).
  • Total Financial Outlay: ₹76,000 crore.
  • Objective:
    • Develop a sustainable semiconductor & display ecosystem in India.
    • Provide financial support to companies in semiconductors, display manufacturing, and design.
    • Promote indigenous Intellectual Property (IP) generation.
    • Encourage Technology Transfer (ToT).

Four Schemes under Semicon India Programme:

  1. Scheme for setting up Semiconductor Fabs in India.
  2. Scheme for setting up Display Fabs in India.
  3. Scheme for setting up:
    1. Compound Semiconductors
    1. Silicon Photonics
    1. Sensors Fab
    1. Semiconductor Assembly, Testing, Marking & Packaging (ATMP) / OSAT facilities.
  4. Design Linked Incentive (DLI) Scheme.
Semiconductor Industry:

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