SEMICON India 2024

SEMICON India 2024

Context:

250 companies from 24 countries will participate in the SEMICON India 2024 that highlights India’s semiconductor potential.

Relevance:
GS-03 (Science and technology)

Highlights:

  • The CEO of the Indian Semiconductor Mission, Shri. Akash Tripathi, stated that the event agenda is to strategically connect with the major semiconductor supply chains across the world.

About India Semiconductor Mission (ISM):

  • It was established in 2021 with a financial overlay of Rs 76,000 crore, under the Ministry of Electronics and IT (MeitY).
  • The objective under this mission is to develop sustainable semiconductor and display ecosystems.
  • It also aims to provide financial support for semiconductor and display manufacturing, and design ecosystems.
  • It approved three semiconductor units:
    • Semiconductor Fab with 50,000 wfsm (wafer starts per month) Capacity: Tata Electronics Private Limited (TEPL) will set up a semiconductor fab in partnership with Powerchip Semiconductor Manufacturing Corp (PSMC), Taiwan.
    • Semiconductor ATMP (Modified Assembly, Testing, Marking, and Packaging) unit in Assam: Tata Semiconductor Assembly and Test Pvt Ltd (“TSAT”) will set up a semiconductor unit in Morigaon, Assam.
    • Semiconductor ATMP unit for specialized chips: CG Power, in partnership with Renesas Electronics Corporation, Japan and Stars Microelectronics, Thailand will set up a semiconductor unit in Sanand, Gujarat.