India Expects to Construct Three Semiconductor Fabrication Facilities with an Investment Value of $8–12 Billion: IT Minister

Union Minister for Electronics and Information Technology Ashwini Vaishnaw stated on Tuesday that India could see the construction of at least three more semiconductor fabrication units within the next few months, with a total of $8–12 billion in cumulative investments.

During the inauguration of the global design center for American chipmaker AMD in Bengaluru, Vaishnaw informed the reporters that discussions with the governments of Tamil Nadu, Telangana, Karnataka, Gujarat, and Uttar Pradesh are ongoing. He also mentioned that the ministry received three new proposals for the development of fabrication and OSAT (outsourced semiconductors and testing) facilities. Apart from this, the minister mainly referred to two key projects, which include:

• Microns USD 2.75 billion investment in Gujarat

• Mohali Semiconductor Lab 

India is currently endeavoring to entice major semiconductor companies to establish chip fabrication and assembly facilities through the implementation of a USD 10 billion semiconductor program. Apart from this, India has seen significant growth in mobile phone manufacturing. The industry has surpassed USD 44 billion, and its export value is around USD 11 billion.

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Details about Mohali Semiconductor Lab

Under the Semiconductor Mission, the government is expanding the Semiconductor Laboratory (SCL) in Mohali, Punjab. The project is expected to cost around USD 1.2 billion and will involve upgrading the existing facility to produce more advanced semiconductors. The expansion of the SCL is part of India's broader efforts to boost its domestic semiconductor industry.

The country is currently heavily reliant on imports of semiconductors, which are essential components for a wide range of electronic devices. By developing its own semiconductor manufacturing capabilities, India hopes to reduce its reliance on imports and boost its economy.

Details About Indian Semiconductor Mission

The Government of India launched the India Semiconductor Mission (ISM) program to create a thriving semiconductor and display ecosystem in the nation. The mission aims to make India a global hub for electronics manufacturing and design by attracting investments, promoting research and development, and creating a skilled workforce.

The ISM has been allocated a budget of USD 10 billion over the next six years. The India Semiconductor Mission (ISM) has announced four main schemes to support the development of a vibrant semiconductor and display ecosystem in India. These schemes are:

• Semiconductor Fab: This scheme provides fiscal support of up to 50% of the project cost for setting up semiconductor fabs in India. The scheme is open to all eligible applicants, including domestic and foreign companies.

• Display Fab: This scheme provides fiscal support of up to 50% of the project cost for setting up display fabs in India. The scheme is open to all eligible applicants, including domestic and foreign companies

• Compound Semiconductor & Semiconductor ATMP: This scheme provides fiscal support of 50% of the capital expenditure for setting up compound semiconductors/silicon photonics/sensors (including MEMS) fabs / discrete semiconductor fab and semiconductor ATMP / OSAT facilities in India.

• Design-Linked Incentive (DLI): This scheme provides financial incentives for the design and development of semiconductors and semiconductor-related products in India. The scheme is open to all eligible applicants, including domestic and foreign companies.

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