Government says 45nm process nodes account for half of total semiconductor market in India
The Union Cabinet, in a recent meeting, approved the changes in the Semiconductor and Display Manufacturing Ecosystem Development Program in India. According to the new changes, a uniform fiscal support of 50% of the project cost should be provided in all technology nodes for setting up Semiconductor Fabs. A similar fiscal support of 50% of the project cost on an equal basis will be provided for setting up Display Fabs. In addition, 50% of the capital cost will be financially supported on an equal basis under the Integrated Semiconductor / Silicon Photonics / Sensors and ATMP / OSAT Semiconductor Facility Scheme in India. In addition, from now on the target technologies will also include Discrete Semiconductor Fabs.
Notably, the current program has attracted many global semiconductor players to set up manufacturing in India. Now, with the revised version, investment in the Indian manufacturing sector is expected to increase even more.
The India Semiconductor Mission is responsible for developing the semiconductor and display manufacturing ecosystem in India. To help with this, industry and academic experts from around the world have been brought together to form an Advisory Committee. The government has accepted his recommendation to provide unified support for all technology nodes of Silicon Semiconductor Fabrics / Silicon Photonics / Sensors / Discrete Semiconductor Fabrics and ATMP/OSAT. As 45nm and above technology nodes are in high demand in the automotive, energy and telecommunications sectors, this segment accounts for approximately 50% of the total semiconductor market, according to a government press release.
Semiconductor and display manufacturing: Poised for new growth
Source link Semiconductor and display manufacturing: Poised for new growth