India's Semiconductor Industry Works with Government on ISM 2.0
India's semiconductor industry is collaborating with the government on the next phase of the India Semiconductor Mission (ISM) 2.0, focusing on supply chain expansion, talent development, intellectual property creation, and product innovation. The goal is to create an ecosystem for designing, manufacturing, and selling products in both domestic and global markets.
Key points
- The India Semiconductor Mission (ISM) 2.0 aims to expand the supply chain, develop talent, create intellectual property, and promote product innovation.
- Navin Bishnoi, Chairperson of the India Electronics and Semiconductor Association (IESA), is working closely with the government to provide guidance and feedback on ISM 2.0.
- The broader objective is to create an ecosystem for products designed and manufactured in India to be packaged, assembled, and sold in domestic and global markets.
- The government is considering allocating funds for talent development and intellectual property creation as part of ISM 2.0.
India's Semiconductor Industry Works with Government on ISM 2.0
The India semiconductor industry is collaborating with the government on the next phase of the India Semiconductor Mission (ISM) 2.0. The mission aims to expand the supply chain, develop talent, create intellectual property, and promote product innovation.
According to Navin Bishnoi, Chairperson of the India Electronics and Semiconductor Association (IESA), the industry is working closely with the government to provide guidance and feedback on ISM 2.0. Bishnoi emphasized the importance of creating an ecosystem for products designed and manufactured in India to be packaged, assembled, and sold in domestic and global markets.
The government is considering allocating funds for talent development and intellectual property creation as part of ISM 2.0. This move is expected to boost the industry's growth and competitiveness in the global market.
The success of ISM 2.0 will depend on the government's ability to create a conducive environment for the industry to thrive. If successful, the mission could lead to the creation of a robust semiconductor ecosystem in India, making it a significant player in the global market.
Sources
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