PROGRAMME FOR DEVELOPMENT OF SEMICONDUCTORS AND DISPLAY MANUFACTURING ECOSYSTEM IN INDIA

Sept. 22, 2022

The Cabinet has approved the certain modifications in the Programme for development of semiconductors and display manufacturing ecosystem in India.

About:

  • These modifications are:
    • Fiscal support of 50% of Project Cost on pari-passu basis for all technology nodes under Scheme for Setting up of Semiconductor Fabs in India.
    • Fiscal support of 50% of Project Cost on pari-passu basis under Scheme for Setting up of Display Fabs.
    • Fiscal support of 50% of Capital Expenditure on pari-passu basis under Scheme for Setting up of Compound Semiconductors / Silicon Photonics / Sensors Fab and Semiconductor ATMP /OSAT facilities in India. Additionally, target technologies under the Scheme will include Discrete Semiconductor Fabs.
  • Under modified programme, a uniform fiscal support of 50% of Project Cost shall be provided across all technology nodes for setting up of Semiconductor Fabs.
  • Given the niche technology and nature of compound semiconductors and advanced packaging, the modified programme shall also provide fiscal support of 50% of Capital Expenditure in pari-passu mode for setting up of compound semiconductors / silicon photonics / sensors / Discrete semiconductors fabs and ATMP/OSAT.
Source : PIB