Govt has finalised design, outline of ISM phase two, to support semicon

The government is also working to make sure that the fabless semiconductor chip' ecosystem is also enhanced further by making changes to the design linked incentive scheme

 

The Central government has finalised the outlines of the second phase of the India Semiconductor Mission (ISM) and is now holding internal discussions before rollout of the scheme which will support more ambitious design-linked innovations and design initiatives in the country.

 

“We have to now figure out how to make it a completely sustainable ecosystem and also how do we move up the value chain as time goes along. While the legacy nodes are important and they have considerable demand, there are also risks of over-capacity and capacity from other geographies,” Union electronics and information technology ministry secretary S