Semiconductor & Electronics · 7 min read

India Semiconductor Mission (ISM)

The flagship national programme catalyzing fabs, ATMP, design and ESDM — and aligning state-level capital, land and incentives.

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Overview

Strategic context

ISM combines capital subsidy (up to 50% project cost), Design Linked Incentive (DLI), and a unified single-window framework spanning the Government of India and anchor states.

Gujarat, Karnataka, Tamil Nadu and Uttar Pradesh have aligned state semicon policies for stacking incentives.

Key Takeaways

What matters most

  • 1ISM provides one of the world's most attractive semicon incentive stacks.
  • 2Stacking central + state schemes is the key value-engineering lever.
FAQ

Frequently asked

What does ISM fund?+

Fabs, display fabs, compound semi, ATMP/OSAT, and chip design under DLI.

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