The Central government’s Semicon India Programme has approved 12 Fab or packaging projects and 24 semiconductors design projects. To enhance investor confidence and address concerns, the India Semiconductor Mission introduced an online “Investors Support” portal. This portal, available at https://www.ism.gov.in/investment, offers details on government schemes, policies, approved projects, and regulatory requirements for potential semiconductor investors in India.
Stakeholders will have access to a secure digital interface on the portal for coordinated and prompt resolution of issues. Investors can register their grievances, which will be handled by officials of India Semiconductor Mission (ISM) with the assistance of Nodal Officers from relevant ministries, departments, organizations, state governments, and trade bodies. Amitesh Kumar Sinha, CEO of ISM, highlighted the significance of supporting foreign investors for the growth of the semiconductor manufacturing and design sector in the country.
The launch event included a demonstration of the portal’s features, onboarding process, coordination mechanisms, and the roles of nodal officers from various entities. The government’s efforts aim to establish a robust and sustainable semiconductor ecosystem through strategic initiatives and policy interventions.
