In an X post, the minister stated that five assembly, testing, marking, and packaging units, one fab, and six semiconductor units are in varying phases of planning, building, and operation. Last week, four more were approved: three ATMP, including the most advanced packaging unit, and one silicon carbide fab. The whole ecosystem is developing in Bharat, including design, manufacturing, packaging, machinery, chemicals, and gases.
Lam Research & Applied Materials Strengthen India’s Chip Supply Chain
He noted that major equipment makers Lam Research and Applied Materials are establishing design, production, and validation facilities in the nation. Wafers are thin, circular slices of crystalline semiconductor material, usually silicon, used in the fabrication of integrated circuits. The majority of silicon fabs typically produce between 20,000 and 40,000 wafer starts each month.
India’s Chipmaking Roadmap and ISM Projects Worth INR 4,584 Cr
A few days after the Union Cabinet approved four projects under the India Semiconductor Mission (ISM) with a combined expenditure of INR 4,584 Cr, Ashwini Vaishnaw made remarks regarding India's chipmaking agenda. There will be two projects in Odisha and one each in Andhra Pradesh and Punjab.
The minister established two brand-new, cutting-edge design hubs in Noida and Bengaluru earlier in May to strengthen India's semiconductor capabilities, from testing to architecture. The first phase of the Indian government's semiconductor mission, which aims to make the nation a global centre for electronics design and manufacturing, was initiated in 2022.
Government Incentives Driving Semiconductor Growth in Bharat
This occurred a year after the government introduced the Semicon India initiative, which provided INR 76,000 Cr in incentives for producers of silicon semiconductors, display semiconductors, compound semiconductors, and other products. To improve India's semiconductor industry, more than five units have been approved under the ISM; these are anticipated to draw INR 1.52 Lakh Cr in total investment.
Leadership Change: Amitesh Kumar Sinha Appointed CEO of ISM
In April of this year, Amitesh Kumar Sinha was appointed as the new CEO of the India Semiconductor Mission. This came weeks after it was reported that the union government was considering "supporting" chip design projects in the nation and semiconductor packaging designs in addition to internally discussing plans for the second phase of the ISM's rollout.
The domestic semiconductor market is the foundation of all of these developments and is anticipated to represent a $150 billion opportunity by 2030, according to a number of media reports.
Quick |
•Four new projects sanctioned — three •Full value chain developing in India •Lam Research and Applied Materials •Typical silicon fabs produce |
Original Article
(Disclaimer – This post is auto-fetched from publicly available RSS feeds. Original source: Startuptalky. All rights belong to the respective publisher.)