Skip to main content

EDITORIAL

 INDIA's SEMICONDUCTOR MISSION II


The Ministry of Electronics & Information Technology (MeitY) has demended from the Government of ther India Rs.1.50 lakh crore for the launch of Second Phase of its Semiconductor programme. This is significantly higher as compared with Rs.76,000 crore approved undedr the first India semiconductor mission signallying the government's push to deepen domestic semiconductor manufacturing and reduce  import depencence.

Semiconductor mission 2.0 will expand support beyond chip fabrication and design to cover the wider semiconductor ecosystem, including capital equipment, speciality chemicals, industrial gases, raw materials and other inputs. This time micro, small and medium enterprises(MSMEs) and ancillary suppliers will also be brought under the incentive framework programme The revamped proogramme will also include a new design-linked incentive(DLI) scheme to allow foreign companies to partner with Indian firms for semiconductor research and desingn carried out in India. This scheme will help create about 50 deep-tech chip design companies. The expanded mission aims to build resillient semiconductor supply chains amid geopolitical tensions and increasing restrictions on advanced chip technologies. 

The ISM 2.0 is to address the gaps in upstream manufacturing and strengthen India's position in the global semiconduuctior ecosystem, while building capacity to meet a larger share of domestic demand. As far as the first phase of funds of Rs.76,000 is concerned it has supported 50% of silicon fabs, compund semiconductor facilities, assembly and testing units and chip design.  As of December 2025, 10 projects with a total investment of Rs.1.60 lakh croe have been approved.

Comments

Post a Comment

Popular posts from this blog

THE OCTOBER-DECEMBER 2025 ISSUE

THE OCTOBER-DECEMBER 2025 ISSUE  Apple factories in India are at full steam to roll out the i-Phone 17. Bengaluru's Foxconn is the largest contract manufacturer for the i-Phones in terms of total manpower capacity and potential value of production. The plant i-Phone on nearly 300 acres, began test production of the new model in April 2025.  The facroty currently employs around 25,000 workers about a quarter of  its full capacity of 100,000  people. Apple Inc. has unveiled its i-Phone 17 featuring the slimmer and more energy efficient i-Phone Air on 9the September   keeping prices unchanged despite rising cost fears from the $ 1 billion U.S. tariffs The current issue of Economic Challenger throws light on certain issues relating to Mexican Stock Exchange, women empowerment, role of arttificial intelligence, and trade deficit with China. Next year we propose to invite extensive studies on global issues like trade, tariff and tensions. Any suggesstions for improv...
Post a Comment
Read more

ARTICLES INVITED FOR APRIL-JUNE 2025

  Articles are invited for April-June 2025, volume 27, Issue 107.   Articles may be mailed to us at editoreconomicchallenger.net by 20 March 2025. They will be accepted on a first-come, first-served basis. The processing charge will be the same as per the rules from the following or any themes you like.  1. India must focus on fine-tuning the existing AI models instead of developing new ones. 2. Role of Women in India's Space Sector. 3. Possibility of holding Simultaneous Polls in India. 4. Tariff War between the USA, Europe, China and other countries. 5. Climate Shocks and the remedial measures globally. 6. Trump Effect: Hiring increases in the US. 7. AI supercharge India's Digital Stack. 8. India could be a global player in Quantum matter research if it invests in its potential. 9. DEEP SEEK has put China at the forefront of the AI global race. 10. The solar revolution is increasing at a fast pace due to positive government policies. 11. FTA between the UK and Indi...
Post a Comment
Read more

ARTICLES INVITED FOR OCTOBER-DECEMBER 2025 ISSUE

               ARTICLES INVITED FOR OCTOBER-DECEMBER 2025 ISSUE  Articles are invited for OCTOBER-DECEMBER 2025, volume 28, Issue 109. Please choose your themes and submit your articles. 1. Municipal Waste can create wealth: solid and liquid waste in India can be turned into a Rs 5-lakh crore business, creating jobs and addressing environmental concerns.    2. India's mandatory CSR Norms  (2% on spends) can be a Model benchmark for international companies to follow suit. 3. Grassroots Innovation in food security through a shift from cash crops to food crops can root out Hunger and malnutrition.  4. India is turning environmental, social and governance (ESG) challenges into opportunities, using technology, policy, and innovation to address energy consumption, sustainable construction and supply chain vulnerabilities. 5. Focus Must Shift to Long-term Educational Solutions.  A Girl child dropout is not onl...
Post a Comment
Read more