Aspiring for 10 semiconductor manufacturing plants in 10 yrs: ISM CEO
India aspires to have 10 semiconductor manufacturing plants in 10 years but the nature of support from the government may vary based on the development in the industry, a top official of the India Semiconductor Mission said on Monday.
While speaking at a joint presser of mobile devices industry body ICEA and Semicon India organiser Semi, Akash Tripathi said while setting up Indian Semiconductor Mission (ISM), it was envisioned to get two or three semiconductor manufacturing plants, two or three display fabs and various compound semiconductors.
"We will always be engaged with the industry but the nature of engagements may differ. 10 years down the line there will be projects that will be operational, producing semiconductors, the ecosystem will be developed, then things will be different. Aspiration-wise, we would like to have 10 fabs," Tripathi said.
The government has received 20 proposals for setting up semiconductor units including the chip packaging plants.
Tripathi said that a