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Semicon India 2023

GS Paper III Indian Economy

Context:

Recently, the Prime Minister of India addressed the inaugural session of Semicon India 2023, which is being attended by industry executives from across the world.

About Semicon India 2023:

It is the second edition of ‘Semicon India 2023’ in Gandhinagar, Gujarat.
Organized by: India Semiconductor Mission
Aim: To showcase India’s remarkable progress in becoming a prominent global player in Semiconductor Design, Manufacturing, and Technology Development, in alignment with the vision of the India Semiconductor Mission.

About the India Semiconductor Mission (ISM):

It has been set up as an Independent Business Division within Digital India Corporation.
Digital India Corporation is a not-for-profit Company set up by the Ministry of Electronics and Information Technology(MeitY) under Section 8 of the Companies Act 2013.
Mandate: It has all the administrative and financial powers and is tasked with the responsibility of promoting the Indian Semiconductor ecosystem in manufacturing, packaging and design.

News Source: The Indian Express

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