Developed by Micron, a US based private firm, the Plant will facilitate Assembly, Testing, Marking and Packaging (ATMP) of semiconductor chips.
Significance for India
- Supply Chain Self-Reliance: Reduces heavy import dependence on chips (esp. from China) and enhances resilience against global disruptions (such as trade wars).
- Strategic Importance: Critical for defence, telecom (5G/6G), AI, space and digital infrastructure, strengthening national security.
- Economic & Export Growth: Boosts electronics manufacturing and attracts FDI, helping India capture a substantial share of $1 trillion semiconductor by 2030.
- Other: generates high-skilled employment and supports Atmanirbhar Bharat.
Initiatives taken in India for Semiconductor Industry
- India Semiconductor Mission (ISM) 1.0 & 2.0: Umbrella programme to build a comprehensive semiconductor ecosystem.
- ISM 2.0 (Budget 2026–27) focuses on strengthening equipment, materials, full-stack Indian IP design, supply chain resilience and skill development.
- Semiconductor & Display Fabs Schemes: Fiscal support for establishing semiconductor wafer fabrication and display manufacturing units in India.
- Compound Semiconductors & ATMP/OSAT Scheme: Support for chip assembly, testing, packaging and specialised semiconductor segments to strengthen the domestic value chain.
- Design Linked Incentive (DLI) Scheme: Incentives for startups and MSMEs to promote indigenous chip design and innovation.
- Global Partnerships & Skilling Initiatives: India–U.S. iCET collaboration, Semicon India platform, and programmes like C2S and VLSI curriculum reforms to build skilled manpower and attract investment.
Challenges to Overcome
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