India Semiconductor Mission (ISM) and Semicon India Programme
The India Semiconductor Mission (ISM) was established in 2022 as a specialised and independent nodal agency within the Digital India Corporation (DIC) under the Ministry of Electronics and Information Technology (MeitY). ISM administers the Semicon India programme — a Rs 76,000 crore (approximately $10 billion) incentive package offering fiscal support of up to 50% of project cost for semiconductor fabs, display fabs, and compound semiconductor units. The programme covers the full semiconductor value chain: wafer fabrication → ATMP/OSAT (Assembly, Testing, Marking and Packaging / Outsourced Semiconductor Assembly and Test) → compound semiconductors → design (via the DLI scheme). A companion scheme, the Design Linked Incentive (DLI) scheme, provides financial incentives and infrastructure support for domestic semiconductor design companies.
- ISM: Under MeitY, established 2022; nodal body for Semicon India programme
- Semicon India outlay: Rs 76,000 crore (~$10 billion); up to 50% project cost support
- DLI scheme: For chip design companies; up to Rs 15 crore + product deployment incentives
- Approved projects (as of March 2026): 10 projects; $19 billion investments
- Tata Electronics: Semiconductor fab (28nm) in Dholera, Gujarat
- CG Power + Renesas + Stars Microelectronics: OSAT in Sanand, Gujarat
- Tata Semiconductor Assembly and Test (TSAT): OSAT in Morigaon, Assam
- 18-20 more proposals ($20-25 billion) in pipeline
● Tracked since March 18, 2026 · last seen August 23, 2026 · updates as the daily brief publishes