India Semiconductor Mission, 2021
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Government scheme — a structured programme with defined beneficiaries, budget allocation, and delivery mechanisms. The primary instrument for delivering welfare and development outcomes.
Summary
Rs 76,000 crore programme to establish a semiconductor and display manufacturing ecosystem in India. Provides fiscal support of up to 50% of project cost for setting up semiconductor fabs, OSAT, and design centres.
Key Facts
Type Scheme
Source Historical Record
Published Wednesday, 15 December 2021
Affected Population ~850 million internet users, 75,000+ startups
Key Numbers
Rs 15,000 crore for Digital India initiatives
UPI: 14 billion monthly transactions
850 million+ Aadhaar-linked mobiles
R&D spending: 0.7% of GDP
Key Authorities
Key Stakeholders
Government Context
NDA II BJP-led NDA
Left Centre Right
Impact Assessment
7 /10
Impact Score Beneficiaries Electronics manufacturing ecosystem
Budget Allocation Rs 76K Crore
Coverage Gujarat, Assam, Karnataka
Implementation Status Early Stage 20% implemented
Key Outcomes
- 5 fab/OSAT/ATMP units approved
- Micron ATMP facility in Gujarat operational
- Tata-PSMC fab in Dholera under construction
Challenges
- Massive capital requirements
- Water and power supply at scale
- Talent pipeline gaps
SDG Alignment
Amendment History
1 change recorded for this policy.
Description Saturday, 28 March 2026 via barandbench
Kaynes Semicon Private Limited is executing the fiscal support agreement with the India Semiconductor Mission.Khaitan & Co advised Kaynes Semicon on this transaction. The Firm assisted Kaynes Semicon in reviewing, revising, negotiating the fiscal support agreement executed with India Semiconductor Mission.The core transaction team consisted of Sarthak Sarin (Partner), Kapish Mandhyan (Partner) and Riya Dutta (Principal Associate). They were supported by the following:Dr Siddharth Srivastava