• Under the scheme, interested companies which seeks to tap the Rs 76,000-crore incentives earmarked by Central government for developing semiconductors and displaying manufacturing ecosystem in India will be able to start applying for it from January 1, 2022.
  • A portal for the scheme has been prepared in order to receive the applications.

About India Semiconductor Mission (ISM)

  • ISM is a specialised and independent business division of Digital India Corporation.
  • The mission has been set up with the objective of building a vibrant semiconductor besides displaying ecosystem in order for India to emergence as a global hub in electronics manufacturing and design.
  • It is authorised to negotiate with applicants under semiconductor fab scheme and display fab scheme.
  • It has also been given autonomy to decide appropriate technology mix, node generation, applications, capacity etc.
  • The scheme was launched with the aim of attracting large investments in manufacturing AMOLED based display panels or TFT LCD.


  • This scheme was notified by the Ministry of Electronics and Information Technology on December 21, 2021.

Fiscal Support

  • Ministry has approved a fiscal support of up to 50 per cent of the project cost, in order to set up certain variants of silicon-based semiconductor fab across India.
  • Financial support will be provided for six years from the date of approval. A support of around Rs 12,000 crores per fab has been mandated under the scheme to set up display fabs in India.
  • Overall, the Central government has committed to provide Rs 2.30 trillion support to position India as a global hub for electronics manufacturing.

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