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HomeBusinessIndia Semiconductor Mission (ISM) – Developing India’s Semiconductor Ecosystem

India Semiconductor Mission (ISM) – Developing India’s Semiconductor Ecosystem

06 February 2023: India Semiconductor Mission (ISM) has been setup as an Independent Business Division within Digital India Corporation having administrative and financial autonomy to formulate and drive India’s long-term strategies for developing semiconductors and display manufacturing facilities and semiconductor design ecosystem.

Envisioned to be led by global experts in Semiconductor and Display industry, ISM is serving as the nodal agency for efficient, coherent and smooth implementation of the programme for development of semiconductor and manufacturing ecosystem in India. Its objectives are as follows:

– Formulate a comprehensive long-term strategy for developing sustainable semiconductors and display manufacturing facilities and semiconductor design eco-system in the country in consultation with the Government ministries / departments / agencies, industry and academia.

– Facilitate the adoption of secure microelectronics and developing trusted semiconductor supply chain, including raw materials, specialty chemicals, gases, and manufacturing equipment.

– Enable a multi-fold growth of Indian semiconductor design industry by providing requisite support in the form of Electronic Design Automation (EDA) tools, foundry services and other suitable mechanisms for early-stage start-ups.

– Promote and facilitate indigenous Intellectual Property (IP) generation, encourage, enable and incentivize Transfer of Technologies (ToT) and establish suitable mechanisms to harness economies of scale in Indian semiconductor and display industry.

– Enable cutting-edge research in semiconductors and display industry including evolutionary and revolutionary technologies through grants, global collaborations and other mechanisms in academia / research institutions, industry, and through establishing Centres of Excellence (CoEs).

– Enable collaborations and partnership programs with national and international agencies, industries and institutions for catalysing collaborative research, commercialization and skill development.

ISM has been working as nodal agency for the schemes approved under Semicon India Programme. The applications were received by ISM and are being appraised by ISM. ISM has also been engaging with various stakeholders of Semiconductors and Display ecosystem to attract the investments in India. So far INR 13 crore has been released to ISM.

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