Hon’ble Minister of Electronics and Information Technology launched the India Semiconductor Mission (ISM) within 15 days of Cabinet Approval of the Programme for Development of Semiconductors and Display Ecosystem in India.
A dedicated portal (ism.gov.in) for the ISM shall serve as a single window for registering and filing applications under the three schemes viz. (i) Scheme for setting up of Semiconductor Fabs in India; (ii) Scheme for setting up of Display Fabs in India; and (iii) Scheme for setting up of Compound Semiconductors / Silicon Photonics / Sensors Fab and Semiconductor Assembly, Testing, Marking and Packaging (ATMP) / OSAT facilities in India
The Schemes under the programme are open for receipt of applications from 01.01.2022 on the ISM website.
Hon’ble Minsiter also released the guidelines for these Schemes under the Programme.
The fourth scheme i.e. Design Linked Incentive (DLI) Scheme will be implemented by C-DAC which will host the application portal for the same.
The speed at which things are happening at MeitY is the indication of how fast the ESDM sector is growing in India. Great effort by all the stakeholders- MeitY, Electronics Industry, Associations like ELCINA, IESA, ICEA, MAIT, Invest india and all the Investment Promotion Professionals across the country.