The second phase will aim to bring component companies, raw material suppliers, and others in the semiconductor ecosystem to India
Union minister Ashwini Vaishnaw also said that 113 universities, academic institutions and R&D organisations have integrated semiconductor-focused courses
So far, five semiconductor units have already been approved by the central government under ISM, which are expected to bring in investments worth INR 1.52 Lakh Cr
Union electronics and information technology minister Ashwini Vaishnaw on Wednesday (September 11) said that the government will kick off the second phase of the India Semiconductor Mission (ISM) in the next three to four months.
The second phase will widen the scheme’s scope and will aim to bring component companies, raw material suppliers, and others in the semiconductor ecosystem to India, besides just semiconductor fabrication and chip packaging units.