No Signs Of CEO/CTO/CFO With Industry Experience For Ism Even Six Months After Positions Were Opened
By Swarajya Staff
Despite good intentions, six months after opening key positions, the government has not identified people with industry experience for the three positions in the ISM.
On 15 December 2021, government of India announced new incentive schemes for development of semiconductor and display manufacturing ecosystem in India and earmarked Rs 76,000 crore as initial overlay, mainly as incentives for those willing to set up commercial display fabs, silicon and other types of fabs and chip design companies in India.
The same press release also said: “In order to drive the long-term strategies for developing a sustainable semiconductors and display ecosystem, a specialized and independent ‘India Semiconductor Mission (ISM)’ will be set up. The India Semiconductor Mission will be led by global experts in semiconductor and display industry. It will act as the nodal agency for efficient and smooth implementation of the schemes on Semiconductors and Display ecosystem”.
