Which organization overseas the India Semiconductor Mission (ISM)?

The correct answer is Digital India Corporation.

Key Points

• The India Semiconductor Mission (ISM) is an initiative launched by the Ministry of Electronics and Information Technology (MeitY) under the framework of Digital India Corporation.
• The Digital India Corporation is tasked with overseeing and implementing ISM to develop India as a global hub for semiconductor and electronics manufacturing.
• ISM aims to catalyze investments in semiconductor manufacturing and design, addressing critical gaps in India’s semiconductor ecosystem.
• The scheme aligns with the government’s broader goal of Aatmanirbhar Bharat (self-reliant India) and supports technological advancements and innovation.
• ISM is part of India's larger USD 10 billion package to incentivize semiconductor manufacturing and design facilities.

Additional Information

• Semiconductors:
  • Semiconductors are materials that have electrical conductivity between that of a conductor and an insulator.
  • They are the foundation of modern electronics, used in devices like microchips, transistors, and solar cells.
  • Critical industries such as telecommunications, automotive, and consumer electronics rely heavily on semiconductor technology.
• National Policy on Electronics (NPE 2019):
  • This policy aims to position India as a global leader in electronics manufacturing.
  • NPE 2019 supports initiatives like ISM to strengthen India’s semiconductor ecosystem.
  • It includes incentives for research, development, and manufacturing in the electronics sector.
• Global Semiconductor Market:
  • The semiconductor market is projected to grow significantly, driven by advancements in AI, IoT, and 5G technologies.
  • India aims to capture a significant share of this market by boosting domestic manufacturing and innovation.
• Aatmanirbhar Bharat:
  • A flagship initiative by the Government of India to make the country self-reliant across various sectors.
  • ISM contributes to the mission by reducing dependency on imported semiconductors and fostering domestic production.