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Applications to be submitted online through portal of India Semiconductor Mission (ISM)

in Business May 31, 2023 Comments Off on Applications to be submitted online through portal of India Semiconductor Mission (ISM) 289 Views

Newdelhi:31/5/23:Government has decided to invite new applications for setting up of Semiconductor Fabs and Display Fabs in India from  June 01, 2023 under the Modified Semicon India Programme. The applications will be received by India Semiconductor Mission, the designated nodal agency entrusted with the responsibility of implementing the Modified Semicon India Programme for development of semiconductors and display manufacturing ecosystem in India.

Under the Modified Programme, Fiscal Incentive of 50 per cent of the project cost is available to companies/consortia/ joint ventures for setting up of Semiconductor Fabs in India of any node (including mature nodes). Similarly Fiscal incentive of 50 per cent of the project cost is available for setting up of Display Fabs of specified technologies in India.

The application window of “Modified Scheme for setting up of Compound Semiconductors / Silicon Photonics/Sensors Fab/Discrete Semiconductors Fab and Semiconductor ATMP/OSAT facilities in India” is open till December 2024. Application window of Design Linked Incentive Scheme is also open till December 2024. Till date 26 applications have been received under DLI Scheme and five applications have been granted approval.

Government had launched the Semicon India Programme in December 2021 with an outlay of INR 76,000 crore for the development of semiconductors and display manufacturing ecosystem in India. All applicants who had applied under the scheme for setting up of Semiconductor Fabs and Scheme for setting up of Display Fab (earlier schemes) are allowed to submit applications under Modified Scheme for setting up of Semiconductor Fabs and Modified Scheme for setting up of Display Fabs after incorporating suitable modification in their proposals.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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