●An independent agency within Digital India Corporation focused on developing India's semiconductor manufacturing and design capabilities.
● Works to establish a sustainable semiconductor and display industry in India.
Key Objectives of ISM:
● Develop long-term semiconductor and display manufacturing strategies.
● Build a secure and trusted semiconductor supply chain.
● Support Indian semiconductor design growth.
● Promote intellectual property creation, technology transfer, and economies of scale.
● Fund cutting-edge semiconductor research and collaborations.
What is ISM's Role in the Semicon India Programme?
●ISM is the main agency managing the Semicon India Programme, which includes financial incentives for semiconductor and display manufacturing investments.
● Reviews applications for incentives and works to attract industry investment.
Key Schemes under Semicon India Programme:
Modified Scheme for setting up Semiconductor Fabs in India: Provides financial support for establishing semiconductor fabrication facilities.
Modified Scheme for setting up of Display Fabs in India: Offers incentives for display panel manufacturing.
Modified Scheme for setting up of Compound Semiconductors... facilities in India: Supports various semiconductor-related manufacturing plants.
Semicon India Future Design: Design Linked Incentive (DLI) Scheme:Provides financial and design infrastructure support for semiconductor design development.
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