[2] While inaugurating the Semicon India 2023, a national-level conference focusing on the semiconductor industry, in Gandhinagar, Gujarat, PM Modi said that India is becoming a grand conductor for investments in the semiconductor sector. [3]Key initiatives and support to semiconductor industry by Government of IndiaThe Government of India has established the India Semiconductor Mission (“ISM”)[4] to address the global semiconductor shortage and encourage manufacturers to set up their semiconductor facility in India. per application to approved applicants whose semiconductor design for ICs, chipsets, SoCs, systems and IP cores and semiconductor linked design are deployed in electronic products. India emerging as a global semiconductor hubSome of the world’s top chip manufacturers have committed to make significant investments under the ISM. India’s growing start-up ecosystem will also provide strength to the semiconductor sector.

Source: Hindustan Times December 11, 2023 09:45 UTC