Under the aegis of the Semicon India Program, the Cabinet also approved for the setting up of India Semiconductor Mission (ISM) as an Independent Business Division within Digital India Corporation having administrative and financial autonomy to drive India’s strategies for developing semiconductors and display manufacturing ecosystem. Envisioned to be led by global experts in the Semiconductor and Display industry, ISM shall serve as the nodal agency for efficient, coherent and smooth implementation of the schemes under the Semicon India Program.