Daily Current Affairs : 8-November-2024
In line with the vision of making India a developed nation by 2047, the Gujarat government has launched the Gujarat Semiconductor Policy 2022-2027. This ambitious policy aims to position Gujarat as a leading hub for semiconductor manufacturing in India. The policy is a crucial step towards enhancing India’s capabilities in semiconductor production and attracting global investment in the sector.
Key Features of the Gujarat Semiconductor Policy
The Gujarat Semiconductor Policy focuses on creating a strong foundation for semiconductor manufacturing and aims to make the state a leader in this field. One of the major highlights of this initiative is the development of Dholera as India’s first Greenfield Smart City. This city will host India’s first AI-enabled semiconductor fabrication facility, being built with a massive investment of over Rs 91,000 crore.
Dholera: The New Semiconductor Hub
- Dholera, located in Gujarat, is being developed into a Semicon City.
- Tata Electronics Private Limited (TEPL) and Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) are partnering to establish the country’s first AI-enabled semiconductor plant.
- This facility is expected to play a significant role in strengthening India’s position in the global semiconductor supply chain.
The Role of the India Semiconductor Mission (ISM)
Launched in 2021 by the Ministry of Electronics and IT (MeitY), the India Semiconductor Mission (ISM) aims to build a robust semiconductor and display manufacturing ecosystem in the country. With a budget of Rs. 76,000 crore, the mission provides financial support and incentives to businesses that invest in semiconductor manufacturing and design.
Key Objectives of the ISM:
- Developing a self-reliant semiconductor ecosystem in India.
- Encouraging innovation by fostering indigenous Intellectual Property (IP).
- Technology Transfer (ToT): Enabling the transfer of advanced technologies to India.
Key Schemes under the ISM
The India Semiconductor Mission includes several important schemes to boost the semiconductor industry in India. These include:
- Semiconductor Fabs: A scheme for establishing semiconductor fabrication units in the country.
- Display Fabs: A scheme to support the setting up of display manufacturing facilities.
- Compound Semiconductors & ATMP: Focuses on setting up facilities for compound semiconductors, silicon photonics, and assembly, testing, marking, and packaging (ATMP).
- Design Linked Incentive (DLI): Provides incentives to boost the design capabilities for semiconductors in India.
Important Points:
Gujarat Semiconductor Policy 2022-2027:
- Launched to position Gujarat as a leader in semiconductor manufacturing.
- Aims to contribute to India’s vision of becoming a developed nation by 2047.
- Focuses on creating a robust semiconductor ecosystem in Gujarat.
- Dholera to be developed as India’s first Greenfield Smart City.
- Tata Electronics and Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) are setting up India’s first AI-enabled semiconductor fabrication facility in Dholera with an investment of over Rs 91,000 crore.
India Semiconductor Mission (ISM):
- Launched in 2021 under the Ministry of Electronics and IT (MeitY) with a budget of Rs 76,000 crore.
- Objective: To build a self-reliant semiconductor and display manufacturing ecosystem in India.
- Provides financial support and incentives for investments in semiconductor manufacturing and design.
- Focuses on creating indigenous Intellectual Property (IP) and facilitating Technology Transfer (ToT).
Key Schemes under the ISM:
- Semiconductor Fabs: To establish semiconductor fabrication units in India.
- Display Fabs: To support the setting up of display manufacturing facilities.
- Compound Semiconductors & ATMP: Supports the development of compound semiconductors, silicon photonics, and assembly, testing, marking, and packaging (ATMP) units.
- Design Linked Incentive (DLI): Provides incentives to boost semiconductor design capabilities in India.
Why In News
Aligning with the vision for a developed India by 2047, the Gujarat government has introduced the Gujarat Semiconductor Policy 2022-2027, aiming to position the state as a global leader in semiconductor manufacturing and drive technological innovation, economic growth, and self-reliance in the sector. This policy will also create a strong foundation for attracting international investments and developing cutting-edge manufacturing capabilities in India.
MCQs about Gujarat Semiconductor Policy
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What is the primary goal of the Gujarat Semiconductor Policy 2022-2027?
A. To promote agricultural development in Gujarat
B. To position Gujarat as a leader in semiconductor manufacturing
C. To attract foreign tourists to Gujarat
D. To improve the textile industry in Gujarat
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Which company is partnering with Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) to establish India’s first AI-enabled semiconductor fabrication facility?
A. Reliance Industries
B. Tata Electronics Private Limited (TEPL)
C. Adani Group
D. Infosys
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What is the focus of the Design Linked Incentive (DLI) scheme under the India Semiconductor Mission (ISM)?
A. To set up semiconductor fabrication units
B. To support the manufacturing of display units
C. To promote semiconductor design capabilities in India
D. To develop assembly and testing facilities
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