The India Semiconductor Mission is a strategic initiative undertaken by the Indian government to promote the domestic semiconductor industry. Its aim is to enhance semiconductor design and manufacturing capabilities within the country, fostering innovation, employment, and economic growth.
The government has approved the Semicon India programme with a total outlay of Rs 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.
The key objectives of the India Semiconductor Mission include:
The India Semiconductor Mission is driven by the Indian government in collaboration with various industry associations, research organizations, and educational institutions. It operates under the guidance of the Ministry of Electronics and Information Technology (MeitY) and other relevant government bodies.
The India Semiconductor Mission focuses on several key areas, including:
Companies and organizations can participate in the India Semiconductor Mission by engaging in collaborative research projects, technology development, and innovation initiatives. They can also participate in industry conferences, seminars, and exhibitions like Semicon India to showcase their products, services, and expertise.
Participating in the Semicon India Program offers numerous benefits, such as:
The India Semiconductor Mission offers various skill development programs, training workshops, and certification courses to individuals interested in enhancing their skills and knowledge in the semiconductor field. These initiatives provide hands-on learning, industry exposure, and mentorship opportunities to nurture talent and promote career growth.
Research institutions and academia play a crucial role in the India Semiconductor Mission. They contribute through cutting-edge research, technology development, and talent grooming. Collaborations between industry and academia are encouraged to foster innovation, knowledge exchange, and collaborative projects that address industry challenges and drive technological advancements.
The India Semiconductor Mission aims to strengthen the semiconductor industry in India, which in turn contributes to the country's overall economic growth. It creates employment opportunities, attracts investments, reduces imports, promotes technological self-reliance, and fosters innovation. The growth of the semiconductor industry has a multiplier effect on various sectors, including electronics, telecommunications, healthcare, automotive, and defense, leading to sustainable economic development.
