Online Learning Portal
DAILY NEWS ANALYSIS
24 August, 2025
3 Min Read
The India Semiconductor Mission (ISM) has recently approved four additional semiconductor manufacturing projects in the states of Odisha, Punjab, and Andhra Pradesh. This is part of the government's push to strengthen India's position in the global electronics and semiconductor manufacturing industry.
Establishment: ISM is a specialized institution under the Ministry of Electronics and Information Technology (MeitY), functioning as a part of the Digital India Corporation.
Purpose: ISM's primary goal is to develop a vibrant semiconductor and display ecosystem in India, helping the country become a global hub for electronics manufacturing and design.
Responsibilities: ISM is empowered with both administrative and financial authority to drive the semiconductor ecosystem in India, including the areas of manufacturing, packaging, and design.
Advisory Board: ISM has an advisory board that consists of global experts in the semiconductor industry, providing guidance for effective implementation.
Catalyze India’s semiconductor ecosystem across manufacturing, packaging, and design.
Serve as the nodal agency for the Semicon India Programme, ensuring smooth and efficient implementation of schemes for the development of India’s semiconductor industry.
Provide financial support to companies investing in semiconductor and display manufacturing.
Launched in 2021, the Semicon India Programme aims to make India self-reliant in semiconductor manufacturing and is backed by a financial outlay of ?76,000 crore.
The key goals of the programme include:
Financial Support: Offering incentives to companies that invest in semiconductor, display manufacturing, and design.
Indigenous IP Generation: Promoting the development of indigenous intellectual property (IP) and encouraging the Transfer of Technologies (ToT) in the semiconductor domain.
Semiconductor Fabs Scheme: For the establishment of semiconductor fabs (fabrication units) in India.
Display Fabs Scheme: Aimed at setting up display fabs to enhance the local production of displays.
Compound Semiconductors/Silicon Photonics/Sensors Scheme: This focuses on setting up compound semiconductors, silicon photonics, sensors fabs, and Assembly, Testing, Marking, and Packaging (ATMP) units.
Design Linked Incentive (DLI) Scheme: Encouraging and incentivizing semiconductor design in India, facilitating the growth of the design ecosystem.
The India Semiconductor Mission will help the country reduce its dependency on imported semiconductors and create a self-sustaining supply chain.
It will not only cater to the domestic demand but also position India as an attractive destination for global semiconductor manufacturing.
The approved projects will stimulate economic growth, job creation, and technological innovation within the states of Odisha, Punjab, and Andhra Pradesh.
Source: THE HINDU
A year after tensions arising from Operation Sindoor, India and Azerbaijan have taken steps to restore and normalise bilateral relations. The 6th round of Foreign Office Consultations, held in Baku, marked the first such engagement since 2022, signaling renewed diplomatic momentum. Recent Diplomatic Engagement During the consultations, bo
The India–Australia Economic Cooperation and Trade Agreement has completed four years since its signing. Both countries now aim to build on this progress through strengthened collaboration and ambitious targets, including reaching AUD 100 billion in bilateral trade by 2030. What is the India–Australia Economic Cooperation and Tra
A recent report by the Association for Democratic Reforms (ADR) analyses donations of ?20,000 or more declared to the Election Commission of India (ECI) by national political parties for FY 2024–25, highlighting transparency and accountability in political financing. Key Findings Massive Funding Surge Total donations to nationa
Maritime chokepoints are narrow channels along global shipping routes where maritime traffic is concentrated. These points are geopolitically and economically critical, as they handle a large proportion of global trade, especially energy shipments. Current Relevance Over two-thirds of seaborne energy trade passes through a handful o
Following the launch of Operation Epic Fury (U.S.) and Operation Roaring Lion (Israel), the geopolitical landscape has shifted fundamentally with the confirmed death of Iran’s Supreme Leader, Ayatollah Ali Khamenei.Iran retaliated through Operation True Promise 4, launching missile attacks against Israel and nearby Gulf states. The escala
Our Popular Courses
Module wise Prelims Batches
Mains Batches
Test Series