New Delhi [India], July 15 (ANI): The Union Cabinet on Wednesday accredited Semicon 2.0, a brand new programme with a finances of Rs 1.27 lakh crore (USD 13.17 billion) to strengthen India’s semiconductor manufacturing ecosystem. The scheme goals to help chip design, manufacturing, superior packaging, analysis, expertise growth and the manufacturing of key gear and supplies wanted for the {industry}.
The programme builds on the progress made below Semicon 1.0 and displays the federal government’s long-term dedication to creating India a world semiconductor hub. Semicon 2.0 is predicated on six key pillars.
The first pillar focuses on strengthening India’s chip design ecosystem. The authorities mentioned 105 startups are already growing semiconductor chips. The new scheme will help semiconductor mental property (IP), chip designs and methods for strategic and industrial use to place India as a number one chip design nation.
The second pillar goals to develop the semiconductor provide chain by supporting firms concerned in manufacturing and analysis of semiconductor gear, supplies, chemical compounds and gases. The authorities mentioned this can assist construct a robust home ecosystem and enhance precision manufacturing.
The third pillar focuses on increasing semiconductor manufacturing by encouraging investments in silicon fabs, compound semiconductor fabs, discrete part fabs and show fabs. The authorities mentioned international confidence in India’s semiconductor technique has elevated, with the nation’s first semiconductor fabrication plant anticipated to be commissioned in 2028.
The fourth pillar goals to strengthen India’s Assembly, Testing, Marking and Packaging (ATMP) and Outsourced Semiconductor Assembly and Test (OSAT) ecosystem by selling superior packaging applied sciences.
The fifth pillar focuses on analysis and growth to assist India transfer past current semiconductor know-how nodes by way of collaboration with main analysis establishments in India and overseas.
The sixth pillar is devoted to expertise growth. The authorities mentioned 315 universities are utilizing superior Electronic Design Automation (EDA) instruments to coach college students, with round 68,000 college students educated to this point. Industry participation will even be expanded to develop specialised expertise required for semiconductor manufacturing.
Highlighting the progress made below the India Semiconductor Mission (ISM) 1.0, the federal government mentioned 12 manufacturing items with cumulative investments exceeding Rs 1.64 lakh crore (USD 17.02 billion) have been accredited, together with one silicon fab, one silicon carbide fab, one built-in gallium nitride Micro LED show fab and 9 packaging items. Commercial manufacturing has already begun at Micron, Kaynes and CG Semi, whereas one other unit is predicted to begin manufacturing later this yr.
On the design entrance, 24 semiconductor design initiatives have been accredited for monetary help, whereas 105 startups and MSMEs have been granted entry to industry-standard EDA instruments to develop chips for functions akin to AI methods, telecom gear, drones, satellite tv for pc communications, IoT units and good meters..
Vaishnaw additionally highlighted the rising worldwide confidence in India’s semiconductor ambitions, pointing to strategic partnerships with main semiconductor economies, together with the United States (2023 and Pax Silica in 2026), the European Union (2023), Japan (2023), Singapore (2024), the Netherlands (2025) and Germany (2026) as a part of efforts to strengthen the nation’s semiconductor ecosystem.
India has attracted vital commitments from main international semiconductor firms. According to info shared by the minister, Applied Materials and AMD have every introduced investments of USD 400 million, whereas Microchip Technology has dedicated USD 300 million. Lam Research has introduced an funding of USD 1.1 billion, and KLA has dedicated USD 400 million. In addition, ASML, IBL Electron and Merck have signed memoranda of understanding (MoUs) with the Tata Group to help semiconductor ecosystem growth in India. (ANI)