Government Approves 10 Projects Under Semicon India Programme
ECONOMY & POLICY

Government Approves 10 Projects Under Semicon India Programme

The Government said the Semicon India Programme aims to build a complete semiconductor ecosystem from design to manufacture and has approved 10 projects with investment commitments of about Rs 1.6 tn. Commercial production has begun at two plants and two more are expected to start later this year. The programme was launched in January 2022 to scale fabrication, assembly, testing, packaging and module manufacture.

Targeted policies over the last 11 years have driven substantial growth in electronics manufacturing. Production of electronics goods rose from Rs 1.9 tn to Rs 12 tn, exports grew from Rs 380 bn to Rs 3.3 tn and mobile phone production increased from Rs 180 bn to Rs 5.45 tn. The Government attributed the expansion to measures supporting domestic manufacturing and exports.

The Government supported chip design by providing tools from eight companies to 315 universities at no cost, with usage exceeding 20 mn hours. Using those tools 211 chips have been taped out by 75 institutions and 149 chips were produced at 180 nm while 62 were fabricated at overseas foundries. Authorities approved 24 design projects addressing surveillance, drone detection, energy metering, microprocessors, satellite communications, broadband and internet of things system on chips (SoCs).

14 design companies have attracted venture capital totalling more than Rs 6.5 bn and seven chips have been fabricated at nodes including 12 nm. The Government has signed memorandums of understanding with the United States, Japan, the European Union, Singapore and the Netherlands to strengthen supply chain resilience. Under the India Semiconductor Mission (ISM), 10 semiconductor units are under construction and 249 applications have been received under the Electronics Component Manufacturing Scheme (ECMS).

Industry estimates indicate the electronics sector supports 2.5 mn jobs, with mobile phone manufacturing alone sustaining about 1.2 mn jobs. Approved manufacturing projects include a Micron facility in Gujarat with investment of Rs 225.16 bn and a Tata Electronics project in Gujarat of Rs 915.26 bn, alongside other facilities covering wafer starts, packaging and assembly expected to boost domestic capacity across memory, logic, display driver and packaging segments.

The Government said the Semicon India Programme aims to build a complete semiconductor ecosystem from design to manufacture and has approved 10 projects with investment commitments of about Rs 1.6 tn. Commercial production has begun at two plants and two more are expected to start later this year. The programme was launched in January 2022 to scale fabrication, assembly, testing, packaging and module manufacture. Targeted policies over the last 11 years have driven substantial growth in electronics manufacturing. Production of electronics goods rose from Rs 1.9 tn to Rs 12 tn, exports grew from Rs 380 bn to Rs 3.3 tn and mobile phone production increased from Rs 180 bn to Rs 5.45 tn. The Government attributed the expansion to measures supporting domestic manufacturing and exports. The Government supported chip design by providing tools from eight companies to 315 universities at no cost, with usage exceeding 20 mn hours. Using those tools 211 chips have been taped out by 75 institutions and 149 chips were produced at 180 nm while 62 were fabricated at overseas foundries. Authorities approved 24 design projects addressing surveillance, drone detection, energy metering, microprocessors, satellite communications, broadband and internet of things system on chips (SoCs). 14 design companies have attracted venture capital totalling more than Rs 6.5 bn and seven chips have been fabricated at nodes including 12 nm. The Government has signed memorandums of understanding with the United States, Japan, the European Union, Singapore and the Netherlands to strengthen supply chain resilience. Under the India Semiconductor Mission (ISM), 10 semiconductor units are under construction and 249 applications have been received under the Electronics Component Manufacturing Scheme (ECMS). Industry estimates indicate the electronics sector supports 2.5 mn jobs, with mobile phone manufacturing alone sustaining about 1.2 mn jobs. Approved manufacturing projects include a Micron facility in Gujarat with investment of Rs 225.16 bn and a Tata Electronics project in Gujarat of Rs 915.26 bn, alongside other facilities covering wafer starts, packaging and assembly expected to boost domestic capacity across memory, logic, display driver and packaging segments.

Next Story
Infrastructure Urban

Centre Examines Duty Relief Under MOOWR For Battery Storage Imports

The finance ministry is examining whether to continue customs warehousing benefits under the Manufacture and Other Operations in Warehouse Regulations, 2019 framework for imported battery energy storage systems. It plans consultations with the ministries of power and new and renewable energy to decide on the future scope of duty and GST deferment for such imports. The review follows concerns from the renewable energy sector that the current approach is creating an uneven playing field. Under the regulations, companies may import goods without paying customs duty or goods and services tax upfro..

Next Story
Infrastructure Urban

Jamshedpur MP Seeks Rs 4,820 Million Plan For Tatanagar Platforms

Member of Parliament Bidyut Baran Mahato held a meeting with Vikas Jain, Executive Director (Public Grievances) of the Railway Board, following a special session of Parliament to press for accelerated rail infrastructure work around Jamshedpur and Tatanagar. The discussions addressed a range of projects that the ministry is prioritising for the area. Final Location Surveys for the construction of the fourth and fifth railway lines between Pandrasali and Kandra and for the development of a satellite station near Tatanagar have already been approved, clearing the way for detailed planning. Mahat..

Next Story
Infrastructure Energy

Final Batch Of Two 3,300 HP Locomotives Reach Mozambique

The final batch of two 3,300 horsepower (hp) locomotives manufactured by Banaras Locomotive Works (BLW) has reached Mozambique, marking completion of an export consignment. The locomotives arrived at Maputo harbour and were cleared for onward movement to the national rail operator. The shipment closes a programme that began with earlier consignments delivered over the past months. Banaras Locomotive Works, a production unit of Indian Railways, built the locomotives under a contract with the Mozambican rail authority and managed the final inspections and commissioning preparations prior to disp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement