LMW
LMW

Do you want to advertise here? Contact us

OEM Subscription Banner
OEM Subscription Banner

Do you want to advertise here? Contact us

The Digital India Corporation established the Semiconductor Mission
.

The Digital India Corporation established the Semiconductor Mission

December 22, 2022 6:14 pm

India Semiconductor Mission (ISM) has been setup as an Independent Business Division within Digital India Corporation.

ISM has all the administrative and financial powers and is tasked with the responsibility of catalysing the India Semiconductor ecosystem in manufacturing, packaging and design. ISM has an advisory board consisting of some of the leading global experts in the field of semiconductors. ISM is serving as the nodal agency for efficient, coherent and smooth implementation of the programme for development of semiconductor and manufacturing ecosystem in India.

Objectives of ISM are as under:

  • Formulate a comprehensive long-term strategy for developing sustainable semiconductors and display manufacturing facilities and semiconductor design eco-system in the country in consultation with the Government ministries / departments / agencies, industry, and academia.
  • Facilitate the adoption of secure microelectronics and developing trusted semiconductor supply chain, including raw materials, specialty chemicals, gases, and manufacturing equipment.
  • Enable a multi-fold growth of Indian semiconductor design industry by providing requisite support in the form of Electronic Design Automation (EDA) tools, foundry services and other suitable mechanisms for early-stage startups.
  • Promote and facilitate indigenous Intellectual Property (IP) generation.
  • Encourage, enable and incentivize Transfer of Technologies (ToT).
  • Establish suitable mechanisms to harness economies of scale in Indian semiconductor and display industry.
  • Enable cutting-edge research in semiconductors and display industry including evolutionary and revolutionary technologies through grants, global collaborations and other mechanisms in academia / research institutions, industry, and through establishing Centres of Excellence (CoEs).
  • Enable collaborations and partnership programs with national and international agencies, industries and institutions for catalyzing collaborative research, commercialization and skill development.
  • Advertising

    OEM Android App

    Your future advertising space? Our media data

    ISM has been working as nodal agency for the Schemes approved under Semicon India Programme. The applications were received by ISM and are being appraised by ISM. ISM has also been engaging with various stakeholders of Semiconductors and Display ecosystem to attract the investments in India.

    So far, INR 13 crore has been released to ISM.

    Government is very focused on its important objective of building the overall semiconductor ecosystem and ensure that, it in-turn catalyses India’s rapidly expanding electronics manufacturing and innovation ecosystem. Government has approved the Semicon India programme with a total outlay of INR 76,000 crore for the development of semiconductor and display manufacturing ecosystem in the country. The programme has further been modified in view of the aggressive incentives offered by countries already having established semiconductor ecosystem and limited number of companies owning the advanced node technologies. The modified 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.

    Following four schemes have been introduced under the aforesaid programme:

    • ‘Modified Scheme for setting up of Semiconductor Fabs in India’ for attracting large investments for setting up semiconductor wafer fabrication facilities in the country to strengthen the electronics manufacturing ecosystem and help establish a trusted value chain. The Scheme extends a fiscal support of 50 percent of the project cost on pari-passu basis for setting up of Silicon CMOS based Semiconductor Fab in India.
    • ‘Modified Scheme for setting up of Display Fabs in India’ for attracting large investments for manufacturing TFT LCD or AMOLED based display panels in the country to strengthen the electronics manufacturing ecosystem. Scheme extends fiscal support of 50 percent of Project Cost on pari-passu basis for setting up of Display Fabs in India.
    • ‘Modified Scheme for setting up of Compound Semiconductors / Silicon Photonics / Sensors Fab / Discrete Semiconductors Fab and Semiconductor Assembly, Testing, Marking and Packaging (ATMP) / OSAT facilities in India’ shall extends a fiscal support of 50 percent of the Capital Expenditure on Pari-passu basis for setting up of Compound Semiconductors / Silicon Photonics (SiPh) / Sensors (including MEMS) Fab/ Discrete Semiconductor Fab and Semiconductor ATMP / OSAT facilities in India.
    • Semicon India Future Design: Design Linked Incentive (DLI) Scheme’ offers financial incentives, design infrastructure support across various stages of development and deployment of semiconductor design for Integrated Circuits (ICs), Chipsets, System on Chips (SoCs), Systems and IP Cores and semiconductor linked design. The scheme provides “Product Design Linked Incentive” of up to 50 percent of the eligible expenditure subject to a ceiling of ₹15 Crore per application and “Deployment Linked Incentive” of 6 percent to 4 percent of net sales turnover over 5 years subject to a ceiling of ₹30 Crore per application.

    In addition to the above schemes, Government has also approved modernisation of Semi-Conductor Laboratory, Mohali as a brownfield Fab.

    Cookie Consent

    We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.

Webinar
Webinar

Do you want to advertise here? Contact us

Absolent
Absolent
OEM Update QR Code
OEM Update QR Code

Events

amtex
amtex
Fastener Fair India
Fastener Fair India
Himtex 2024
Himtex 2024
Oil & Gas Digital Transformation Africa 2024
Oil & Gas Digital Transformation Africa 2024
Mototech24 Pune
Mototech24 Pune
IFAT India
IFAT India
Pharma India Expo
Pharma India Expo
PTC Asia
PTC Asia
World of Photonics India
World of Photonics India
IFFE Expo
IFFE Expo
India Essen Welding and Cutting Expo
India Essen Welding and Cutting Expo
Logimat India
Logimat India

eMagazine July 2024

eMagazine July 2024
eMagazine June 2024

Do you want to advertise here? Contact us

Our Sponsors

B&R Automation
B&R Automation
Pragati Gears
Pragati Gears
Carl Zeiss India
Carl Zeiss India
STMCNC
STMCNC
Angel India
Angel India
AMF
AMF
Mallcom
Mallcom
Linear Ways
Linear Ways
igus
igus
Delta Electric
Delta Electric
Ravik Engineers Private Limited
Ravik Engineers Private Limited
Fagor Automation
Fagor Automation
Super Slides
Super Slides
IMTMA- IMTEX 24
IMTMA- IMTEX 24
Autonics
Autonics
ACE Micromatic Group
ACE Micromatic Group
Chicago Pneumatic Tools
Chicago Pneumatic Tools
MMC Hardmetal Pvt Ltd
MMC Hardmetal Pvt Ltd
Mennekes
Mennekes
TruCut
TruCut
amtex-expo
amtex-expo
LMW
LMW
Fietest
Fietest
Filtermist
Filtermist
Exon mobil
Exon mobil
XPS
XPS
Shot Blasting
Shot Blasting