Context: Nearly two years after the government initially launched the 76,000crore incentive scheme aimed at fostering a domestic ecosystem for semiconductor manufacturing, the results are becoming evident.
Indian semiconductor Mission
oFormulate a comprehensive long-term strategy for developing sustainable semiconductors and display manufacturing facilities.
odeveloping trusted semiconductor supply chain, including raw material
ofacilitate indigenous Intellectual Property (IP).
oencourage, enable and incentivize Transfer of Technologies (ToT).
oThe Union Cabinet had approved the comprehensive Semicon India programme with a financial outlay of INR 76,000 crore for the development of a sustainable semiconductor and display ecosystem in 2021.
oISM has been working as nodal agency for the Schemes approved under Semicon India Programme.
Semiconductors