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News: The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the Semicon 2.0 for the development of India’s semiconductor design and manufacturing ecosystem.
About Semicon 2.0
- It is the second edition of India Semiconductor Mission.
- It provides long-term support to strengthen India’s semiconductor industry, with the goal of making India a major player in the global semiconductor ecosystem.
- Budget outlay: It has total budget outlay of Rs.1,27,500 crore.
- Aim: It aimed at strengthening India’s semiconductor design and manufacturing ecosystem and providing long-term policy support to the sector.
- Objective: A key objective is to eliminate the “fear factor” that has discouraged global semiconductor companies from making large-scale investments in India.
- The idea is to reduce execution risks, strengthen the domestic supply chain and encourage more global companies to establish operations in the country
- Features:
- It marks a significant shift from attracting manufacturing investments to building a complete semiconductor ecosystem.
- It focuses on the six pillars:
| Pillars | Description |
| First pillar: Design | The first pillar deepens chip design, with a focus on creating IP and products for strategic and commercial applications. |
| Second pillar: Machines and materials | The second introduces incentives for machines and materials, including semiconductor equipment, specialty chemicals, gases and raw materials. |
| Third pillar: Setting up more fabs | The third expands support for silicon, compound semiconductor, discrete and display fabs, building on the first silicon fab expected to be commissioned in 2028. |
| Fourth pillar: Further strengthening the ATMP/OSAT industry | The fourth pillar strengthens advanced packaging by supporting assembly, testing, marking and packaging (ATMP) units, outsourced semiconductor assembly and test (OSAT) projects and next-generation chiplet technologies. |
| Fifth pillar: Research & Development | The fifth boosts R&D through industry-led innovation and advanced technologies. |
| Sixth pillar: Talent development | The sixth focuses on talent development, expanding education, clean-room training and industry-academia collaboration |
Difference between ISM 1.0 and ISM 2.0
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