In recent years, the digital landscape has undergone a revolutionary transformation, and India is gearing up to play a pivotal role in shaping the future of electronics manufacturing and design. At the forefront of this ambitious endeavor is the India Semiconductor Mission (ISM), a specialized and independent Business Division within the Digital India Corporation.
The ISM has set its sights on building a vibrant semiconductor and display ecosystem that will propel India onto the global stage as a hub for electronics manufacturing and design. With the backing of the Union Cabinet, the comprehensive Semicon India program, approved in 2021 with a staggering financial outlay of INR 76,000 crore, is poised to drive the development of a sustainable semiconductor and display ecosystem.
Led by global experts in the semiconductor and display ecosystem, the mission serves as a focal point for the efficient deployment of the Program for Development of Semiconductor and Display Ecosystem. This deployment is conducted in close consultation with government ministries, departments, agencies, industry stakeholders, and academia to ensure a comprehensive and coherent approach.
The Semicon India Program is designed to provide attractive incentive support to companies and consortia engaged in various facets of semiconductor and display manufacturing. From Silicon Semiconductor Fabs to Display Fabs, Compound Semiconductors, Silicon Photonics, Sensors (including MEMS) Fabs, Semiconductor Packaging (ATMP / OSAT), and Semiconductor Design, the program encompasses a wide spectrum of activities.
At the core of the program’s objectives is the impetus it provides to semiconductor and display manufacturing. By facilitating capital support and fostering technological collaborations, the program aims to create an environment conducive to innovation and growth in the sector. The vision of ISM is clear – to build a vibrant semiconductor and display design and innovation ecosystem that will position India as a global leader in electronics manufacturing and design.
What sets the Semicon India Program apart is its structured, focused, and comprehensive approach. Through various mechanisms, it seeks to streamline processes and provide the necessary resources to propel the semiconductor and display industry forward. From capital investment to fostering research and development, the program aims to create a fertile ground for the growth of cutting-edge technologies.
As India steps into this new era of electronics manufacturing and design, the Semicon India Program stands as a testament to the nation’s commitment to technological advancement. With global experts at the helm, supported by significant financial backing, and a clear vision for the future, the program is set to shape India’s destiny as a global powerhouse in the semiconductor and display ecosystem. The journey may be challenging, but with ISM leading the way, the destination is one of innovation, growth, and global recognition.