Prelims: Current events of national importance| Science and Technology
Why in News?
Recently, the India Semiconductor Mission (ISM) has launched an online portal titled “Investors Support”
Investor Support Portal
- Vision – To boost investors’ confidence and streamline the domestic chip ecosystem & to address their concerns.
- Nodal Ministry – Ministry of Electronics and Information Technology (MeitY).
- Features
- Information Hub – To provide information relating to Government schemes, policies, and approved projects under the Semicon India Programme.
- Regulatory Guidance – To provide regulatory requirements to those investors who are considering investment in India.
- Grievance Redressal Mechanism – It will enable investors to register their grievances/concerns, which will be resolved by the officials of ISM.
- Single-Window Interface – To provide a secure, role-based ecosystem connecting state governments, national ministries, and trade bodies.
Indian Semiconductor Mission (ISM)
- Launched in – 2021 under the Ministry of Electronics and Information Technology.
- Aim – To build a strong semiconductor and display ecosystem, positioning India as a global hub for electronics manufacturing & design.
- Administration – It is a specialised and independent business division under the Digital India Corporation with administrative and financial autonomy.
- Objective
- To support fabs, display fabs, compound semiconductors, silicon photonics, sensors, packaging, and design‑linked incentives.
- Provides fiscal support to companies establishing semiconductor manufacturing units in India.
- Acts as the central authority for the smooth implementation of semiconductor and display schemes.
- To reduce dependence on imported chips and strengthen self‑reliance under Atmanirbhar Bharat.
- To encourage research, innovation, skill development, and partnerships with global technology firms.
- ISM 2.0 – It was announced in the Union Budget 2026–27.
- Objective
- To focus on producing semiconductor equipment and materials in India,
- Designing full-stack Indian semiconductor intellectual property, and
- Fortifying both domestic and global supply chains.
- Establish Industry-led research & training centres to create a future-ready skilled workforce.
Reference
PIB| Investors portal for Semiconductor Mission
