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Science & Tech., Economy
Mahesh

24/03/22 07:36 AM IST

India Semiconductor Mission

In News 
  • The vision of AtmaNirbharta in electronics & semiconductors was given further momentum by the Union Cabinet, chaired by the Hon’ble Prime Minister, approving the Semicon India programme with a total outlay of INR 76,000 crore for the development of semiconductor and display manufacturing ecosystem in our country. 
About mission
  • The programme aims to provide financial support to companies investing in semiconductors, display manufacturing and design ecosystem.
  • This will serve to pave the way for India’s growing presence in the global electronics value chains.
  • India Semiconductor Mission (ISM) has been setup as an Independent Business Division within Digital India Corporation having administrative and financial autonomy to formulate and drive India’s long term strategies for developing semiconductors and display manufacturing facilities and semiconductor design ecosystem.
  • Government has also approved modernisation of Semi-Conductor Laboratory, Mohali as a brownfield Fab.
  • ISM will also enable collaborations and partnership programs with national and international agencies, industries and institutions for catalyzing collaborative research, commercialization and skill development.
Four schemes have been introduced under the programme-
  • Scheme for setting up of Semiconductor Fabs in India
  • Scheme for setting up of Display Fabs in India
  • Scheme for setting up of Compound Semiconductors / Silicon Photonics / Sensors Fab and Semiconductor Assembly, Testing, Marking and Packaging (ATMP) / OSAT facilities in India
  • Design Linked Incentive (DLI) Scheme 
Source- PIB 

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