What is "India Semiconductor Mission"?
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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. 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.
Four schemes have been introduced under the aforesaid programme:
1.Modified Scheme for setting up of Semiconductor Fabs in India.
2.Modified Scheme for setting up of Display Fabs in India
3.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
4.Semicon India Future Design: Design Linked Incentive (DLI) Scheme