HomeNewsBusinessMeitY committee recommends govt to set up $2.5 billion semiconductor research centre

MeitY committee recommends govt to set up $2.5 billion semiconductor research centre

The government envisions India Semiconductor Research Centre as a world-class research institution focusing on semiconductor processes, advanced packaging, compound semiconductors and Fabless design and EDA tools

October 20, 2023 / 19:15 IST
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The report on the India Semiconductor Research Centre being submitted to Minister of State for Electronics and Information Technology Rajeev Chandrasekhar on October 20
The report on the India Semiconductor Research Centre being submitted to Minister of State for Electronics and Information Technology Rajeev Chandrasekhar on October 20

A committee under the Ministry of Electronics and Information Technology (MeitY) has recommended the government to set up the India Semiconductor Research Centre (ISRC) at a cost of $2.5-3 billion, with the aim to make India a global foundry supplier for semiconductors, packagers and integrated systems from design to products.

The government envisions ISRC as a world-class research institution focusing on semiconductor processes, advanced packaging, compound semiconductors and Fabless design and EDA tools. The Semiconductor Laboratory in Mohali will also be modernised to drive innovation while co-locating with the ISRC.

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These recommendations were made in a report of the India Semiconductor R&D Committee that was submitted to Minister of State for Electronics and Information Technology Rajeev Chandrasekhar on October 20. Chandrasekhar told PTI that the government will start setting up the research centre in 2024 in collaboration with the industry and academia.

The committee's member includes Randhir Thakur of Tata Electronics, Hem Takiar of Micron Technology, CEO of the Indian Semiconductor Mission, professors from IIT Bombay, Kanpur and Madras, officials from Meity and other members of the industry.