India Semiconductor Mission (ISM)
/ˈɪndiə ˌsɛmikənˈdʌktər ˈmɪʃən/India's national programme notified on 21 December 2021 with an outlay of Rs 76,000 crore to develop a comprehensive semiconductor and display manufacturing ecosystem -- covering chip fabrication, OSAT (assembly and testing), chip design, compound semiconductors, and sensor fabrication -- with fiscal support of up to 50% of eligible capital expenditure for approved projects.
Context & Background
As of December 2025, 10 projects worth Rs 1.60 lakh crore have been approved, including India's first semiconductor fab (Tata-PSMC in Dholera, Gujarat) and OSAT facilities by Micron and CG Power in Sanand, Gujarat; ISM 2.0 was announced in Budget 2026-27 focusing on equipment, materials, and full-stack Indian semiconductor IP.
UPSC Exam Relevance
GS3 (Science & Technology, Economy). Prelims: outlay (Rs 76,000 crore), key projects (Tata-PSMC, Micron, CG Power), locations (Dholera, Sanand). Mains: semiconductor self-reliance, geopolitics of chip supply chains, comparison with US CHIPS Act and EU Chips Act.
BharatNotes