Components of the India Semiconductor Mission

There are Four Schemes under the Program

1. Scheme for setting up of Semiconductor Fabs: Depending on the technology node, financial help for the construction of a silicon CMOS semiconductor fabrication facility. The plan, which aims to draw significant investments for the construction of semiconductor wafer production facilities, is projected to boost the industrial ecosystem and aid in the creation of a reliable value chain.
2. Compound Semiconductors/ Silicon Photonics/ Sensors Fabrication Scheme and Semiconductor Assembly, Testing, Marking and Packaging (ATMP) / OSAT Facilities: It offers financial assistance equal to 30% of the capital expenditure investment for the establishment of facilities for compound semiconductors, silicon photonics (SIPH), sensors (including MEMS), semiconductor ATMP, and OSAT in India.
3. Scheme for setting up of Display fabs: By providing financial support equal to up to 50% of project costs, it seeks to attract significant investment for the production of TFT LCD or AMOLED-based display panels ( subject to ceiling of INR 12,000 crore per Fab).
4. Design Linked Incentive Scheme (DLI): It provides financial incentives in addition to design infrastructure assistance for semiconductor design at different phases of deployment for Integrated Circuits (ICs), Chipsets, System on Chips (SoCs), systems, and IP Cores.

Significance of the Semiconductor Scheme

• In the present geopolitical environment, reliable sources of semiconductors and displays are crucial for the protection of vital information infrastructure.
• In order to ensure India’s digital sovereignty, the authorized initiative would foster innovation and strengthen local capabilities.
• In order to capitalize on the nation’s demographic dividend, it will also provide chances for highly skilled jobs.
• Deeper integration into the global value chain and a multiplier impact across several economic sectors are both expected from the development of the semiconductor and display ecosystem.

India Semiconductor Mission: Semiconductors are materials that conduct electricity under specific circumstances, i.e., they need a medium to do so. They are pure materials with a mix of conductor and non-conductor qualities, however, occasionally impurities are introduced to boost conductivity. The Semiconductor Mission of India, is a significant initiative by the Indian government, that have a profound impact on the country’s technology sector.

In this article, we will study about the Semiconductor Mission of India, its challenges, impact on technology sector of India, components etc.